It seems that a $COW short position was liquidated, with $3.837K likely 3,837 units of $COW being forcibly closed at a price of $1.05268.

This indicates that the holder of the short position in $COW saw the price rise to $1.05268, triggering the liquidation. A short liquidation occurs when the price moves against the trader's position, forcing them to close their position to prevent further losses.

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