Here’s the breakdown for the $ETH short liquidation event:
Short Liquidation: This happens when a short position is forcibly closed because the price rises against the trader’s bet.
Amount Liquidated: $1,058.50 (The total value of the position being liquidated).
Price at Liquidation: $3,588.01 per unit (The price at which the liquidation occurred).
In this case, the short position in $ETH was liquidated when the price rose to $3,588.01, causing a loss of $1,058.50 for the trader.
Let me know if you need further information on short liquidations or Ethereum!
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