$ACT Long Liquidation: This indicates that a trader who had taken a long position (betting that the price of would rise) was forced to close that position due to the price moving against them. In other words, the price of $ACT dropped below a certain level, triggering the liquidation of the position.

$1.5523K: This represents the value of the long position that was liquidated. In this case, the total value of the position was $1,552.30.

$0.28849: This is the price at which the long position was liquidated. The price of fell to $0.28849, causing the forced closure of the trader's long position.

To summarize, the price of $ACT dropped to $0.28849, which triggered the liquidation of a long position valued at $1,552.30. The trader was forced to exit the position, likely incurring a loss, since the price moved against their bet that it would rise

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