The information you've provided refers to a short liquidation event for $SUI . Here's the breakdown

$5.3215K represents the total value of the short position being liquidated, which is $5,321.50.

$4.86516 is the price at which the liquidation occurred, indicating that the short position was closed when the price of $SUI reached $4.86516 per unit.

In a short liquidation, the trader who had bet on decreasing in price is forced to buy it back at a higher price than they initially sold it for, resulting in a loss. The liquidation happens when the price increases to a level where the position is no longer viable, and the exchange automatically closes it to limit further losses.

This means $SUI experienced upward price movement, triggering the liquidation of short positions. Let me know if you'd like more details or further clarification

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