$ARB Short Liquidation: This means that a trader had a short position on $ARB, betting that its price would decrease. However, the price of increased instead, which caused the position to be liquidated.

$1.0243K: This is the total value of the short position that was liquidated, which amounts to $1,024.30.

$0.8841: This is the price at which the short position was liquidated, meaning that the price of $ARB reached $0.8841 when the position was closed.

To summarize, the trader had expected $ARB to decrease in value, but the price rose to $0.8841, forcing the liquidation of the position with a total liquidation value of $1,024.30.

If you'd like more information about short positions, Arbitrum

#BinanceAlphaAlert #BitcoinInSwissReserves #Binance250Million #USStateBuysBTC #XRPBackInTop3