$PENGU SHORT LIQUIDATION This indicates that someone held a short position on $PENGU and it has been liquidated. In a short position, a trader borrows an asset to sell it at a higher price and plans to buy it back at a lower price. When the price increases instead of decreasing, the position may be liquidated to avoid further losses.

$1.0598K: This indicates the amount of money involved in the liquidation, which is approximately $1,059.80.

At $0.03089: This refers to the price at which the short position was liquidated.

In summary, a short position on the $PENGU asset was liquidated with a value of $1,059.80 when the price reached $0.03089. If you need more specific details or context, feel free to provide additional information

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