The statement you provided refers to a short liquidation event for the cryptocurrency $TAO Here's the breakdown

$TAO Short Liquidation: This indicates that a short position on TAO a cryptocurrency was liquidated, meaning the trader was forced to close their short position.

$1.9551K: This represents the total value of the liquidated position, which is approximately $1,955.10.

at $447.49: This is the price of TAO at the time of the liquidation, which is $447.49 per TAO token.

In summary, a trader holding a short position in TAO faced a liquidation when the price reached $447.49, resulting in a loss of about $1,955.10.

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