The short liquidation of $TIA involved $1.5541K being liquidated at a price of $5.02956.
This suggests that short positions were forced to close due to the price moving higher triggering margin calls and liquidations
As with other short liquidations this could cause upward pressure on the price as traders buy to cover their positions
If you’re monitoring this for trading strategies, it might indicate increased volatility or potential bullish momentum in the market Let me know if you need more details or further analysis