$MOVE Long Liquidation: Refers to a long liquidation event involving the MOVE token. Traders who were in long positions (betting the price would rise) were forced to exit their positions when the price moved against them.
$1.3062K: This indicates the amount involved in the liquidation, which equals $1,306.20.
At $0.69851: This is the price level of $MOVE at which the liquidation occurred.
So, in this case, the long positions on MOVE were liquidated when the price of MOVE dropped to $0.69851, resulting in a liquidation of $1,306.20. This suggests that MOVE's price fell, leading to the forced closure of long positions as their liquidation prices were triggered.
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