$ACT This appears to describe a long liquidation event involving the cryptocurrency $ACT . Here's the breakdown:

The token being traded.

Long Liquidation: A long position (where the trader profits if the price rises) was liquidated. A liquidation occurs when the price falls below a certain threshold, forcing the position to be closed.

Liquidation Amount: $6.5895K is the value of the position that was liquidated.

Liquidation Price: The position was liquidated at $0.29239.

In this case, a trader had taken a long position on $ACT, but the price fell to $0.292

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