$PNUT LONG LIQUIDATION THIS INDICATES the closure or forced liquidation of a long position in $PNUT. A long position is when an investor buys the asset, expecting its price to increase.
$4.1203K: This is the value of the liquidation, which is approximately $4,120.
At $0.6789: This is the price of $PNUT at the time of the liquidation, which is $0.6789.
In simpler terms, a trader's long position in $PNUT, worth approximately $4,120, was liquidated when the price dropped to $0.6789. The liquidation occurs when the price moves against the trader's position, leading to a forced exit from the position to prevent further losses.
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