It seems you're referring to a short liquidation event for $BNB Coin where a position worth $9.9119K was liquidated at a price of $701.978.

Here’s a breakdown

Short Position: In a short trade, a trader borrows $BNB and sells it, hoping to buy it back at a lower price. If the price increases instead, the short position becomes unprofitable, and the trader may face a liquidation.

Liquidation Event: The position was liquidated when the price of $BNB rose to $701.978, surpassing the liquidation threshold. This indicates that the trader's margin or collateral could no longer cover the losses from the increasing price of BNB, forcing the position to be closed automatically.

Value Liquidated: The amount of the short position liquidated was $9.9119K, indicating that the trader had a leveraged short position and was caught in a price move against their trade.

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