This seems like another reference to a short liquidation, this time for the $STEEM token, which is associated with the Steemit blockchain. Here's the breakdown

$STEEM Short Liquidation: This indicates a short position on the native token of the Steemit platform was liquidated.

$1.6195K: The liquidation amount is $1,619.50 likely in USD or another currency

at $0.22522: The position was liquidated when the price of reached $0.22522.

In a short position, the trader bets on the price of $STEEM decreasing. When the price instead rises or remains higher than the entry price, the position is liquidated to prevent further losses.

If you'd like more information on how short positions work or more details about , feel free to ask

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