It seems like you're referring to an$APT (Aptos) short position that was liquidated. Here's what the details mean:

$1.0049K: This is the amount being liquidated, which is $1,004.90.

$11.97683: This is likely the price at which the liquidation occurred, possibly the price of Aptos (APT) when the short position was closed.

In short, this means that a short position on Aptos (APT) worth $1,004.90 was liquidated at a price of $11.98 per APT token. Liquidation occurs when a trader's margin falls below a certain threshold, forcing the position to be closed to prevent further losses.

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