The details you’ve provided suggest the liquidation of a short position for the asset "$VANA with the following information:
Position: Short position
Liquidation Value: $3,794 about $3.794K
Price at Liquidation: $16.46266 per unit
A short liquidation occurs when the price of an asset rises, and the short position holder is forced to buy back the asset at a higher price than they initially sold it for. This results in a loss. In this case, it looks like the price of $VANA rose to $16.46266 per unit, which triggered the liquidation of the short position, causing a loss of $3,794.
To summarize:
The trader had a short position in .
The price rose to $16.46266, which likely exceeded the trader’s margin, forcing the position to be liquidated to prevent further losses.
Would you like any further analysis or explanation of how short liquidations $VANA
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