It seems like you're referencing a short liquidation event for the cryptocurrency $MBOX , where a position worth $1.8627K was liquidated at a price of $0.19741.
Here’s what likely happened
Short Position: In a short trade, the trader borrows and sells an asset in anticipation that the price will decrease, intending to buy it back at a lower price. If the price increases instead, the position can be liquidated.
Liquidation Event: The trader’s position was liquidated because the price of rose beyond the trader's margin requirement, triggering a forced closure of their short position. This occurred when the price hit $0.19741.
Value Liquidated: The total amount of the short position being liquidated was $1.8627K, indicating that the trader’s margin was insufficient to sustain the short position at that price level.
Would you like more information on the current price of or the broader market conditions affecting these types of liquidations
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