Symbol: $WIF ( cryptocurrency).
Liquidation Type: Short position (betting the price would decrease).
Liquidation Amount: $54.3K (value of the position).
Liquidation Price: $2.294 (price at which the liquidation occurred).
This means the price of $WIF likely rose to $2.279, triggering the liquidation of a short position worth $54.3K.
If you're monitoring these liquidations for analysis:
1. Market Impact: Sudden liquidations may indicate volatility or price manipulation.
2. Potential Price Movement: A short squeeze could drive prices higher.
3. Data Source: Ensure real-time feeds for accurate decision-making.