The information you provided relates to a short liquidation for the cryptocurrency $AAVE

Amount Liquidated: $2.087K

Liquidation Price: $306.918 per AAVE token

In this case, a trader holding a short position in AAVE faced a liquidation when the price of $AAVE reached $306.918. In short selling, a trader borrows and sells an asset with the expectation that its price will fall. If the price rises instead, the trader can be forced to buy back the asset at a higher price to cover their position, resulting in a loss

The amount of $2.087K represents the value of the position that was liquidated once the price of AAVE hit $306.918

If you need further clarification or have any more questions about this or similar topics, feel free to ask$AAVE

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