You're referring to a short liquidation event for 1AAvalanche $AVAX , with the liquidation amount of $1.7091K occurring at a price of $37.9809.

Short Liquidation: In a short position, a trader borrows $AVAX and sells it with the expectation that the price will decrease. If the price rises instead, the position is liquidated to limit losses. The liquidation price is a predetermined level at which the position is automatically closed.

$1.7091K: This refers to the value of the short position being liquidated, which is $1,709.10.

$37.9809: This is the liquidation price at which the short position was closed. The price of AVAX reached $37.9809, which triggered

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