$PEPE $PEPE
It seems like you're referencing a liquidation of a 1000PEPE long position. Here's an update based on what you've provided:
Liquidation Alert: A 1000PEPE long position was liquidated for a loss of $50.2K,
with the price dropping to $0.0226.
This means that someone was holding a leveraged long position in 1000PEPE, which got liquidated when the price of the token dropped to $0.0226.
This could have been due to the price movement triggering a margin call, resulting in the position being automatically closed by the exchange.
If you're following the cryptocurrency market, these types of liquidations can happen quickly, especially when there is high volatility or leverage involved. Always be cautious of sudden price swings.
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