It looks like you're referring to a short liquidation of $PNUT , where the position was liquidated for $17.656K at a price of $0.695.
$PNUT: This could refer to a cryptocurrency token or a specific asset being traded in the market.
Short Liquidation: This indicates that a trader who had opened a short position (betting that the price of would decrease) was forced to close that position because the price of $PNUT moved against them. Short positions are usually liquidated when the price goes higher than a certain threshold (known as the liquidation price), leading to a forced buyback.
$17.656K: This is the value of the short liquidation, meaning that the trader lost $17,656 on the position or that much was liquidated in the process.
$0.695: This is the price at which the short position was liquidated. Essentially, the price of rose to $0.695, triggering the liquidation of the short position.
In summary, the price of $PNUT rose to $0.695, which led to the forced closure (liquidation) of a short position worth $17.656K. This suggests that the trader was betting on price to fall but was forced to buy back at a higher price, incurring a loss.
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