This refers to a long liquidation event involving the asset $ACT . Here's an explanation:
Long Liquidation: This indicates that a trader who held a long position (betting on the price increase) in had their position liquidated. A long liquidation occurs when the price of the asset drops significantly, causing the position holder to exit their trade to prevent further losses.
$1.5023K: This is the total value of the long position that was liquidated, which amounts to $1,502.30 (1.5023K).
At $0.28664: This is the price at which the long liquidation occurred, meaning the asset was sold or closed at $0.28664.
In summary, a long position on $ACT was liquidated at a price of $0.28664, with a total liquidation value of $1,502.30.
Let me know if you'd like more details about long liquidations or the $ACT asset specifically
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