$ARKM SHORT LIQUIDATION involving the cryptocurrency Arkeo (ARKM):

Liquidation Amount: $1.6366K (approximately $1,636.60)

Price at Liquidation: $1.57521 per ARKM

In this case, the short position was liquidated when the price of ARKM reached $1.57521. This means the trader who was betting on the price of ARKM falling would have been forced to cover their position by purchasing ARKM at that price, resulting in the liquidation event.

The price of $ARKM moved against the short position (it increased), leading to the forced closure of the trader’s position and a realized loss.

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