You're referring to the liquidation of a short position in $LUMIA Here's the breakdown:

$4.4806K refers to the liquidation value, which is $4,480.60.

The short position was liquidated at a price of $1.60963.

For a short position, the trader profits when the asset's price falls. However, if the price rises, as it likely did in this case, the trader faces losses, and the position is automatically liquidated to limit those losses. This liquidation price indicates the price level at which the position was closed.

Let me know if you'd like further clarification on this$LUMIA

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