The information you've provided refers to a short liquidation event for $FIL . Here's the breakdown:
$3.748K represents the total value of the short position being liquidated, which is $3,748.
$5.375 is the price at which the liquidation occurred, meaning the short position was closed when the price of $FIL reached $5.375 per unit
In a short liquidation, the trader who had shorted betting that its price would decrease is forced to buy back the asset at a higher price than they originally sold it for. This results in a loss for the trader. The liquidation happens when the price rises to a certain point, and the exchange or broker automatically closes the position to limit further losses
This suggests that $FIL experienced upward price movement, triggering the liquidation of short positions. Let me know if you'd like more information or clarification
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