Asset: Ethereum ($ETH )
Event: Liquidation
Position: Short
Liquidated Amount: $50,500
Liquidation Price: $4,017.01
This means that traders who held short positions on ETH were liquidated when the ETH price reached $4,017.01,
amounting to a total of $50.5K in liquidations. Liquidations occur when traders’ positions are force-closed due to
insufficient margin to maintain the trade.