You're referencing the short liquidation of $FIL , which is the cryptocurrency associated with the network.

Here's the breakdown of the provided details:

Short Liquidation: A short position in was liquidated. A short position occurs when a trader borrows and sells an asset, hoping its price will fall, but when the price rises, they are forced to buy back the asset to cover the position, leading to a liquidation.

$2.364K: The total value of the liquidation was $2,364.

at $4.728: The price at which the liquidation occurred was $4.728 per $FIL token.

This means the short position in $FIL was closed when its price reached $4.728, and the total liquidation value was approximately $2,364.

If you need further context about how short liquidations impact traders or the market, feel free to ask

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