Long Liquidation: The trader had a long position in $LPT , meaning they bought the asset with the expectation that its price would rise. However, the position was liquidated because the price fell to a level where the trader could no longer maintain the position, likely due to a margin call or stop-loss event.
$1.5994K: This represents the value of the long position that was liquidated, which amounts to approximately $1,599.40.
$17.442: This is the price at which the long position was liquidated. The asset $LPT reached $17.442 per unit, which likely triggered the liquidation due to the price dropping and margin requirements being unmet.
In summary, the trader was forced to close their long position in $LPT at $17.442 when the price decreased to that level, likely due to a drop in price and margin call conditions. Let me know if you'd like further details
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