$WLD

Here's a breakdown of the key points:

Token: $WLD (Worldcoin)

Liquidation Type: Short Position

Amount Liquidated: $86.5K

Price Level of Liquidation: $3.443

What It Means:

1. Short Position Liquidated:

A "short" position means traders were betting that the price of $WLD would fall.

The liquidation occurred because the price rose to $3.443, forcing the position to close due to insufficient margin or collateral.

2. Impact:

For Traders: Those holding short positions likely experienced losses as the price rose against their bet.

For Market: Such liquidations can create upward momentum as positions are forcibly closed by buying back the token to cover the short.

3. Market Context:

Understanding liquidations helps analyze market trends, as significant liquidations often indicate volatility and potential price movement triggers.

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