It appears you're referencing a short position liquidation for $HOT likely referring to the Holo token, with the following details
Amount of liquidation: $4,742.8 likely in USD
Price at liquidation: $0.00262 per unit
This suggests that a short position in $HOT was liquidated, likely due to the price of $HOT rising, forcing the short position to be closed at $0.00262 per unit. This results in a loss for the trader holding the short position, as they were forced to repurchase the asset at a higher price.
If you need more information about this specific event or the impact of such liquidations, feel free to ask
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