The information provided relates to a short liquidation for the cryptocurrency $AVA

Amount Liquidated: $1.2698K

Liquidation Price: $1.35819 per $AVA token

In this scenario, a trader had a short position in $AVA betting that the price would fall. However, the price of AVA increased to $1.35819, which triggered the liquidation of their position. When a short position is liquidated, the trader is forced to buy back the asset at a higher price than they initially sold it for, leading to a loss.

The $1.2698K represents the value of the short position that was liquidated when the price reached $1.35819.

If you have more questions about liquidations or short selling, feel free to ask

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