This refers to a short liquidation involving $CRV , the native token of Curve Finance, a decentralized exchange optimized for trading. Here's a breakdown of the details

$10.325K likely refers to $10,325 (10.325 thousand dollars, the value of the position that was liquidated

$0.795 represents the liquidation price, meaning the price at which the short position was forcibly closed

What happened

A short liquidation happens when a trader holds a short position betting the price of the asset will decrease but is forced to close their position when the price rises beyond a certain level. This is usually due to margin requirements, where the trader needs to maintain a certain balance to keep the position open. If the price moves against them and exceeds that threshold, the position is liquidated to prevent further losses.

In this case

The trader had a short position on $CRV expecting the price to decline.

However, when the price of $CRV rose to $0.795, the position was liquidated, likely causing a loss for the trader, as they had to buy back the asset at a higher price than they initially sold it

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