$PENGU : This is presumably the symbol of the asset or token involved.

Short Liquidation: This indicates that a "short" position (betting against the asset) was liquidated. A short liquidation occurs when the market moves against the position, forcing the trader to close it to avoid further losses.

$1.2015K: This suggests that the liquidation amount is approximately $1,201.50.

at $0.04162: This likely refers to the price at which the liquidation occurred—$0.04162 per unit of the asset.

In summary, this event indicates that a short position in $PENGU

was liquidated when the price reached $0.04162, with a total value of about $1,201.50 being affected by this liquidation.

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