It looks like you're referencing a short liquidation event for $HBAR , which is the native cryptocurrency of the Hedera Hashgraph network. Here's the breakdown of the information provided:
$HBAR The asset involved is Hedera Hashgraph's native cryptocurrency, HBAR.
Short Liquidation: This indicates that a trader was holding a short position on HBAR. In a short position, a trader borrows an asset to sell it at a higher price, intending to buy it back at a lower price. If the price increases, the position is at risk of being liquidated.
$9.9634K: The liquidation value is approximately $9,963.40.
At $0.29691: The liquidation occurred when HBAR's price reached $0.29691 per HBAR.
In summary, the short position on HBAR was liquidated at $0.29691, and the total liquidation amount was about $9,963.40. This indicates that the trader faced a loss since the price of HBAR rose, triggering the liquidation of their position.
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