It appears you're referencing the liquidation of a short position in $LDO , which is the ticker for Lido DAO a cryptocurrency token associated with Lido, a decentralized finance protocol
Breaking down the details you provided:
Short Liquidation: A short position in was liquidated. A short position means the trader had borrowed and sold with the expectation of buying it back at a lower price.
$4.6493K: The total value of the liquidation was $4,649.30.
at $1.60046: The liquidation price for the $LDO token was $1.60046 per unit.
This means that the short position was closed liquidated when the price of $LDO reached $1.60046, and the total liquidation amounted to about $4,649.30. The liquidation of a short position often occurs when the price moves against the short seller, and they are forced to buy back the asset to cover their position, potentially incurring a
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