$APE Position: Short selling borrowed assets with the expectation of the price falling

Liquidation Amount: $2,288.88

Liquidation Price: $1.2507

In this case, a short liquidation occurred when the price of rose to $1.2507. Short positions are closed automatically when the price moves against them i.e., when the asset's price increases to prevent further losses. The liquidation amount of $2,288.88 likely reflects the total value of the short position that was forcibly closed.

In summary, the trader had a short position that was liquidated at $1.2507, and the total value of the position was $2,288.88.

If you have any further questions, feel free to ask$APE

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