$EIGEN Short Liquidation: This means a trader had a short position on , meaning they were betting that the price of $EIGEN would fall.

$2.7924K at $3.66747: The position value was $2,792.40 at the time of liquidation, and the price of reached $3.66747, triggering the liquidation.

Liquidation: In a short position, if the price of the asset moves higher instead of lower, the trader begins to incur losses. When the price reaches a certain threshold where the trader's margin is no longer sufficient to cover the losses, the exchange automatically closes the position to prevent further losses.

$3.66747: The price hitting this level triggered the liquidation of the $2,792.40 short position, meaning the price of $EIGEN went up, causing the trader to take a loss

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