$TRX

Asset: $TRX (Tron)

Liquidated Amount: $78,400

Liquidation Price: $0.275 per $TRX

Explanation:

Liquidated Long: This occurs when the price of TRX falls below a threshold (liquidation price) in a leveraged long position.

The trader’s margin is insufficient to maintain the position, leading to automatic closure by the exchange to prevent further losses.

Price Level: $0.275 indicates the price at which the liquidation was triggered.

This type of event is typically observed in high-leverage trading and reflects the volatility of crypto markets.

It also highlights the risks associated with trading on margin without adequate risk management.

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