It looks like you're referencing a short liquidation event for $ZEN , which is the ticker for , a blockchain platform focused on privacy and scalability. Here's the breakdown of the information provided
$ZEN The asset involved is Horizen's native cryptocurrency, ZEN.
Short Liquidation: This indicates that a trader held a short position on ZEN. In a short position, the trader bets that the price of ZEN will decline. If the price rises instead, the position can be liquidated to limit the losses.
$2.3939K: The liquidation value is approximately $2,393.90.
At $38.242: The liquidation occurred when the price of ZEN reached $38.242 per coin.
In essence, the short position on ZEN was liquidated when the price hit $38.242, and the liquidation amount was $2,393.90. This suggests that the trader was forced to close their position at a loss because the price of ZEN increased
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