You're referencing a short liquidation event involving $GMT which is the token for Green Metaverse Token. Here's the breakdown:
$1.0169K: This indicates the total value liquidated, which equals $1,016.90.
At $0.19314: This is the price at which the liquidation occurred, meaning the $GMT token was sold or liquidated at $0.19314 per unit.
A short liquidation occurs when traders with short positions (who were betting that $GMT price would decrease) are forced to close their positions when the price rises to $0.19314. This is a mechanism to prevent further losses when the market moves in the opposite direction of their positions.
If you'd like more information on how short liquidations work or about $GMT, feel free to ask!
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