This message refers to a short liquidation involving the cryptocurrency $FIDA . Here’s the breakdown

This is the ticker for FIDA, the token of Fida Protocol, which is a decentralized finance platform that focuses on providing liquidity and other financial services.

Short Liquidation: A short liquidation happens when a trader has taken a position betting that the price of $FIDA will decrease. If the price increases instead, the trader’s position becomes unprofitable. The liquidation occurs when the price rises to a level that causes the position to be closed to prevent further losses.

$1.3795K: This indicates the value of the liquidated position, which is approximately $1,379.50.

$0.25486: This is the price at which the short position was liquidated. The price of $FIDA rose to $0.25486, causing the short position to be automatically closed.

In this case, the trader had a short position on, expecting its price to fall. However, the price increased to $0.25486, which triggered the liquidation of the position, resulting in a loss for the trade

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