$AVAX Liquidated Short: $81.3K at $41.64
The recent liquidation of a significant short position on $AVAX highlights the volatility in the cryptocurrency market.
A short position worth $81.3K was liquidated at a price of $41.64, indicating that the market experienced a sharp upward movement, forcing the short seller to close their position at a loss.
This event underscores the risks involved in short-selling volatile assets like $AVAX especially in a market where price swings can be sudden and large.
Traders should remain cautious, as liquidation events can trigger additional market movements, potentially leading to further price volatility.