$AAVE This is the ticker for the Aave token, which is part of the Aave protocol, a decentralized lending and borrowing platform in the decentralized finance space.
Short Liquidation: A short liquidation happens when a trader has opened a position betting that the price of $AAVE will decrease. If the price increases instead, the position becomes unprofitable. When the price rises to a certain level, the position is automatically liquidated to prevent further losses.
$6.9757K: This indicates the value of the liquidated position, which is around $6,975.70.
$325.966: This is the price at which the short position was liquidated. The price of $AAVE rose to $325.966, triggering the forced liquidation of the position.
In this scenario, the trader had taken a short position on $AAVE, betting that its price would decrease. However, as the price increased instead, the position was liquidated at $325.966, meaning the trader incurred a loss.
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