It seems you're referencing a short liquidation involving $LIT likely referring to the Litentry token. Here's the breakdown:

$2.752K: This indicates the total value liquidated, which equals $2,752.

At $1.074: This is the price at which the liquidation occurred, meaning the $LIT token was sold or liquidated at $1.074 per unit.

A short liquidation happens when traders with short positions (who are betting that the price of $LIT would decrease) are forced to close their positions when the price rises to a certain level, in this case, $1.074. This typically occurs to limit further losses when the market moves against their bet.

If you're interested in learning more about short liquidations or the Litentry project, feel free to ask

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