$ORCA SHORT LIQUIDATION: A short position involves borrowing an asset and selling it, hoping its price will drop so it can be repurchased at a lower price. If the price rises, the position may be liquidated to prevent further losses.
$2.1439K: This represents the liquidation amount, which is $2,143.90.
$4.01406: This is the price at which the position was liquidated.
In simple terms, the short position on $ORCA was liquidated at a price of $4.01406, with a liquidation value of $2,143.90. This likely occurred because the price of $ORCA increased, which forced the liquidation to mitigate further losses for the investor.
If you need further details on this or have any questions about how short liquidations work, feel free to ask
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