Long Position: A trader had opened a long position on $SCR , meaning they were betting the price would go up.
Liquidation: The price of $SCR has dropped to a point where the trader's position couldn't be maintained due to insufficient margin, leading to a forced closure of the position.
$2.2359K: The total value of the long position that was liquidated, which equals $2,235.90 (K stands for thousand).
$0.98238: The price at which the liquidation occurred.
In this case, the price of $SCR likely fell to $0.98238, causing the long position to be automatically closed to prevent further losses, and the trader lost $2,235.90.
#BinanceAlphaAlert #SolvProtocolMegadrop #BTCMiningPeak #MicroStrategyStockSale #BitcoinInSwissReserves