The post refers to a liquidated long position in $TRX (Tron cryptocurrency) worth $82.5K at a price of $0.246. Here's a breakdown:
Liquidation of a long position: This happens when the price of $TRX drops to a level where the trader's margin is insufficient to maintain the position, forcing the exchange to close it to prevent further losses.
$82.5K: The value of the position that got liquidated.
$0.246: The price at which the liquidation occurred.
This suggests the trader was expecting $TRX 's price to rise but was caught off guard by a decline, leading to the liquidation.
