You're referencing the short liquidation of $VET which is the cryptocurrency token associated with the blockchain.
Here's the breakdown of the provided details:
Short Liquidation: A short position in was liquidated. The trader had likely sold expecting its price to fall. However, the price moved against the trader, triggering the liquidation of the position.
$5.0271K: The total value of the liquidation was $5,027.10.
at $0.0444: The liquidation occurred when the price of $VET reached $0.0444 per token.
In summary, the short position in $VET was closed when the price reached $0.0444, and the liquidation amounted to approximately $5,027.10.
If you have more questions about how short liquidations impact the market or specific asset movements, feel free to ask
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