$IMX : Refers to the native token of the Immutable X platform, designed to improve the scalability and environmental impact of by using a Layer 2 solution built on top of Ethereum.

Short Liquidation: This means the trader had taken a short position on , betting that its price would fall. However, the price of rose, causing the position to be liquidated.

$2.0693K: This is the total value of the short position that was liquidated, which is $2,069.30.

$1.4941: This is the price at which the short position was liquidated, meaning that the price of $IMX reached $1.4941 when the position was closed.

To summarize, the trader had expected $IMX to decrease in value but was forced to liquidate the short position when the price rose to $1.4941, resulting in a liquidation of $2,069.30.

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