It’s not a true liquid, but rather solid dust mixed with trace amounts of water. Drier than mud, but powder and rock that can shift in a fluid-like way.
The article mentions moisture several times, as well as draining moisture during the trip. It also explains liquefaction in terms of water acting on the solid, whereas I always thought it was just about granularity.
From the article, it doesn't sound like it's about trace amounts of water at all. It sounds like water is somehow involved in the loading process...?
It’s like an avalanche or rock slide.