$HIVE The information you provided refers to a short liquidation involving the cryptocurrency Here's the breakdown
Amount liquidated: $2,135.6
Price at liquidation: $0.35569
In the case of a short position, the trader borrows $HIVE tokens and sells them at the current market price, hoping the price will decrease so they can buy them back at a lower price and return them, profiting from the difference. However, if the price rises instead of falling, the trader's position is liquidated to limit further losses.
For this situation
The price of HIVE increased to $0.35569, causing the short position to be liquidated.
The trader incurred a loss of $2,135.6 as a result of the liquidation.
If you need more information on how these liquidations occur or any other details, feel free to ask!
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