$IOTA It appears you're referencing a long liquidation event involving the cryptocurrency . Here’s a breakdown of the details:

$IOTA : The cryptocurrency being traded.

Long Liquidation: A long position (where the trader expects the price to rise) was liquidated. A liquidation occurs when the market price moves against the trader's position, falling to a level that causes the liquidation to close the position.

Liquidation Amount: $2.4659K is the value of the position that was liquidated.

Liquidation Price: The liquidation occurred at $0.3498.

In this case, a trader who had a long position in $IOTA saw the price fall to $0.3498, triggering the liquidation of their position. This would have resulted in a loss for the trader, as the liquidation price was lower than their entry point.

If you have further questions about how this works or need more information, feel free to ask

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