$WIF
It looks like you're referring to a liquidation of a long position in a cryptocurrency or financial market.
A liquidation at $70.6K means that a long position .a bet that the price will rise was automatically closed at $2.351 per unit likely due to the price moving against the position triggering a margin call or stop-out.
If you're looking for more context or want to explore specific aspects of this trade let me know!