The liquidation price of$BTC $94,669.47 is unusually high, far beyond Bitcoin's all-time high (~$69,000 in November 2021).
This could be a hypothetical scenario, an error, or part of a simulation.
For clarification:
Liquidation event: This occurs when a trader's position is automatically closed because their margin falls below the required level.
It often happens during high volatility.
Long position liquidated: A trader anticipated the price of $BTC would rise but got liquidated when the price dropped or their leverage amplified losses.