$TROY The statement you provided suggests that a short liquidation event occurred for the asset $TROY involving the following details:
Amount liquidated: $6.0009K (or $6,000.90)
Liquidation price: $0.0066 per unit of $TROY
What this means:
Short position: Someone had a short position on $TROY, betting that its price would fall.
Liquidation: The price of $TROY rose to $0.0066, triggering the forced closure of the short position. This is because when the price increases while someone is shorting, they face potential losses. If the price rises too much, the position is automatically liquidated to limit further losses.
Loss: In this case, the individual (or entity) involved in the short position had to cover or close the position, realizing a loss of $6,000.90 at that specific liquidation price.
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