🟢 #PENGU Short Liquidation: $9.3264K at $0.02621
$It seems like you're referencing a short liquidation event for the PENGU token, where a short position was liquidated at $0.02621, with a liquidation value of $9,326.40. This type of event can cause a significant price move, especially if the market was expecting the price to go down but instead saw an upward movement. Short liquidations often trigger buying pressure as the liquidated positions are closed, which can amplify volatility. Would you like to dive deeper into how these events might affect the market or the specific token?