$MOVE The information you're sharing appears to indicate a short liquidation event for the token $MOVE In this case, a short position valued at $4,593.3 was liquidated when the price reached $0.88469.

For a short position, traders bet that the price of the asset will decrease. If the price moves in the opposite direction (in this case, rises instead of falling), the trader faces the risk of a liquidation, which occurs when the price reaches a level that wipes out the trader's margin, leading to an automatic closure of the position.

The short liquidation at $0.88469 suggests that the price of $MOVE rose to this point, triggering the closure of the short position.

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