It looks like you're referencing a short liquidation event involving $LPT , which is the cryptocurrency for . Here's the breakdown of the details
$LPT The asset involved is Livepeer's native cryptocurrency,
Short Liquidation: This indicates that a trader had a short position on LPT, betting that the price of the asset would decrease. When the price rises instead, the position is liquidated to prevent further losses.
$1.1516K: This represents the liquidation amount, approximately $1,151.60.
At $17.635: The short position was liquidated when the price of LPT reached $17.635 per token.
In summary, the short position on $LPT was liquidated when the price reached $17.635, and the liquidation value was $1,151.60. This suggests that the trader faced a loss because the price of LPT increased, triggering the liquidation of their short position.
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