SHORT LIQUIDATION event involving $ROSE (Oasis Network), with the following details:

Amount liquidated: $2.1495K (or $2,149.50)

Liquidation price: $0.08075 per unit of $ROSE

What this means:

Short position: The trader had a short position on $ROSE, betting that its price would decrease.

Liquidation: The price of $ROSE rose to $0.08075, triggering the liquidation of the short position. When the price increases, the short seller faces potential losses and must buy back the asset at the higher price to close the position.

Loss: The trader incurred a loss of $2,149.50 as the price of $ROSE increased, forcing the liquidation at $0.08075.

Short liquidations occur when the market moves against the trader's position, resulting in a forced exit to prevent further losses.

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