This update indicates a short liquidation event for $SEI , with $1,821.30 worth of short positions liquidated at a price of $0.46988.
When shorts are liquidated, it usually means that the price has moved up, forcing those betting on a decline (short sellers) to exit their positions to avoid further losses.
"Breaking Boundaries" might imply that $SEI is pushing past recent resistance levels, leading to the liquidation of these short positions and potentially signaling continued upward momentum.
This kind of movement can fuel a further price rally as shorts cover their positions.
