The information you provided suggests a long liquidation event involving $LINK , with the following details:
Amount liquidated: $10.562K (or $10,562)
Liquidation price: $20.221 per unit of $LINK
What this means:
Long position: The investor had a long position on $LINK, anticipating the price would increase.
Liquidation: The price of $LINK fell to $20.221, forcing the closure of the long position. When a long position experiences a decline in price, and the market moves against the trader's bet, the position is liquidated to prevent further losses.
Loss: The investor faced a loss of $10,562 as the price of $LINK dropped to the liquidation price of $20.221, leading to the forced exit from the position.
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