$TROY SHORT LIQUIDATION event involving Troy Token)l, with the following details:

Amount liquidated: $4.3173K (or $4,317.30)

Liquidation price: $0.00631 per unit of $TROY

What this means:

Short position: The trader held a short position on $TROY, betting that its price would decrease.

Liquidation: The price of $TROY rose to $0.00631, which triggered the liquidation of the short position. Since shorting involves selling an asset at a higher price and repurchasing it at a lower price, a price increase forces the trader to buy back at a higher price, resulting in a loss.

Loss: The trader experienced a loss of $4,317.30 because the price of $TROY moved against the short position and rose to the liquidation price of $0.00631.

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