The liquidation event you're referring to involves $ZEN
$2.2737K represents the value exposed in the short position.
$26.972 is the price at which the short position was automatically liquidated.
In a short liquidation, the trader had bet that the price of $ZEN would fall. However, the price moved against them and rose to $26.972, triggering the automatic closure of the position to limit further losses. The exchange liquidates the position at this price to protect the trader from accumulating more losses as the market price goes higher
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