The $SOL short liquidation you're referencing can be broken down as follows:

Amount Liquidated: $4.1639K likely in USD

Price of SOL at the time of liquidation: $198.28 per token

This indicates that a short position in $SOL was liquidated when the price reached $198.28 per token. The value of the assets lost or closed out during this liquidation event was $4,163.90.

As in the previous cases, short selling involves borrowing assets to sell them at a higher price, with the expectation that the price will fall. If the price rises instead as it did here, the position is liquidated to prevent further losses.

Let me know if you'd like more details on short selling or the impact of liquidations in crypto

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