You're referring to a long position liquidation for Avalanche $AVAX . Here's the breakdown:
Liquidation Amount: $2.1568K the value of the position being liquidated
Liquidation Price: $42.2898 (the price at which the position was liquidated
In this case, a trader held a long position on $AVAX , meaning they expected the price to increase. However, when the price dropped to $42.2898, the position was automatically liquidated to prevent further losses. The value of the liquidated position was $2,156.80.
Let me know if you'd like further clarification on liquidations or other related details!
#BinanceAirdropsCATandPENGU #PENGUOpening #FullMarketBullRun #Bitcoin110KNext? #Fed25bpRateCut