$COMP this is a report of a long liquidation for the cryptocurrency Compound
Amount Liquidated: $4,047.20
Liquidation Price: $86.16
Timestamp December 25, 2024, at 8:40 AM
Long liquidation happens when the price of COMP drops to a level that triggers forced closing of long positions, typically due to insufficient collateral or margin. This can indicate selling pressure or a sharp movement in the market