$SUI
Asset: $SUI (Cryptocurrency)
Liquidation Type: Long position
Liquidation Amount: $95.1K
Liquidation Price: $3.697
Key Insights:
1. Market Impact: A long liquidation of this size suggests that a significant position was closed due to a price drop, forcing margin levels to fall below maintenance requirements.
2. Price Volatility: The liquidation price of $3.697 indicates that SUI experienced a notable downward price movement.
3. Sentiment Implications: Liquidations of long positions often indicate bearish pressure in the short term, as leveraged traders are unable to sustain positions at lower prices.
Would you like additional insights, such as recent market trends,
SUI's price performance, or possible support levels?
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