The statement describes a long liquidation event for the asset $MOVE . Here's the breakdown
This is likely the symbol for an asset, which could be a cryptocurrency or token.
Long liquidation: A long position means the trader bought the asset expecting its price to rise. When the price moves against the position a liquidation happens to minimize losses.
$5.3426K: This refers to the value of the position being liquidated, which is approximately $5,342.60.
At $0.76465: This is the price at which the liquidation occurred, meaning the asset's price reached $0.76465, triggering the liquidation of the long position.
In summary, a trader who held a long position in $MOVE worth $5,342.60 had their position liquidated when the price of $MOVE reached $0.76465.
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