$NEIRO Position: Short selling borrowed assets with the expectation of a price drop
Liquidation Amount: $1,286.40
Liquidation Price: $0.00099
In a short liquidation, a position is closed when the asset's price moves against the short position (in this case, the price of $NEIRO increased). When the price reaches a point where the short seller can no longer maintain the margin requirement, the position is automatically liquidated to limit further losses.
So, the asset price reached $0.00099, triggering the liquidation of a short position, and the liquidation value was $1,286.40.$NEIRO
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