The information you've provided is about a short liquidation event for $LTC Litecoin Here's the breakdown
$3.1759K represents the total value of the short position being liquidated, which is $3,175.90.
$105.26 is the price at which the liquidation occurred, suggesting that the short position was closed when the price of $LTC reached $105.26 per unit.
In a short liquidation, the trader who had bet that the price of would fall is now forced to buy back the coin at a higher price, incurring a loss. The liquidation occurs when the price of rises to a point where the trader's position becomes unmanageable, and the exchange automatically closes the position to limit further losses.
This indicates that $LTC experienced upward price movement, causing the liquidation of short positions. If you have more questions or need further details feel free to ask
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