🚀$JUP This is another long liquidation event, this time involving the cryptocurrency JUP. It seems that 🔥💯$4.1633K worth of positions were liquidated at a price of $1.05937. Similar to the other liquidations, traders who were holding long positions (expecting the price to go up) were forced to exit as the price fell to this level, potentially triggering orders or margin calls.💥
When liquidations like this occur, they can sometimes lead to more selling pressure, which might cause the price to drop⚡
