It looks like you're referring to a liquidation of a short position for the asset $ME " with the following details:

Asset: ME

Position: Short position

Liquidation Value: $53,963 about $53.963K

Price at Liquidation: $3.29401 per unit

This suggests that a short position was liquidated when the price of the asset rose to $3.29401 per unit. A short liquidation typically occurs when the asset's price increases to a level where the trader's losses exceed their margin, triggering an automatic closing of the position to prevent further losses.

In this case, if the price of $ME was rising, the short position was closed at that price $3.29401 and the trader faced a significant liquidation cost of $53,963.

Would you like help with any further calculations or a more in-depth explanation of the mechanics of short liquidation

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