It seems you're referring to a short liquidation involving $ZEN with the following details:

Amount liquidated: $4,944 likely in US dollars

Liquidation price: $26.972 the price at which the short position was liquidated

This indicates that a short position in $ZEN was liquidated when the price reached $26.972. A short liquidation happens when the price of the asset rises, forcing the trader to cover the position by buying back the asset at a higher price than initially sold, resulting in a loss.

In this case, the trader likely shorted ZEN at a price higher than $26.972, and the market price increasing to $26.972 triggered the liquidation to minimize further losses.

Would you like more details on the mechanics of short liquidations or about $ZEN

#MarketPullback #FranklinCryptoETF #BTCNextMove #MarketCorrectionBuyOrHODL? #USJoblessClaimsFall