$ZK /USDT was liquidated at the price of $0.19783 resulting in a liquidation value of $1,521.50. Here's a breakdown
ZK The cryptocurrency involved
Short Liquidation
The forced closure of a short position due to insufficient margin as the price rises against the trade
Liquidation Price $0.19783, the price at which the position was closed
Liquidation Value $1,521.50, the dollar amount involved in the liquidation
This typically indicates a strong upward price movement, as short liquidations occur when prices rise unexpectedly
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