You are referring to another long liquidation position, this time involving Band Protocol $BAND . Here's a breakdown:
Long Liquidation: A long position is taken, betting that the price of $BAND will rise. However, if the price moves against the position, the trader's position is at risk of being liquidated.
Amount at Risk: The value of the position at risk of liquidation is $1,063.1. This is the total value of the long trade.
Liquidation Price: The liquidation price is $1.2606. If the price of $BAND falls to or below this level, the position will be automatically closed (liquidated), potentially resulting in a loss depending on the leverage used.
If you're managing this position, the current price of is likely approaching or falling below this liquidation threshold. Depending on your trading strategy, you may want to consider protecting your position by adding margin or adjusting your levels to avoid forced liquidation.
Would you like more information on managing liquidation risks or strategies for handling such positions
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