It looks like you're mentioning another short liquidation event for IO (potentially referring to a token, asset, or project with the abbreviation IO) at $1.49482, with a liquidation value of $8.1191K.
Here's a breakdown of the key components:
Short Liquidation: As in the previous case, this involves traders who had taken short positions (betting on the price to drop) being forced to close those positions due to the price rising. The liquidation price was reached, and their positions were closed, locking in the losses.
$8.1191K: This is the liquidation value, representing the amount of money lost or forced to be closed due to the short position.
$1.49482: This is the price at which the short position was liquidated.
Similar to the LUNC example, this could cause some short-term price volatility or market movements for IO, depending on how large the short positions were and how this liquidation impacts the sentiment around the asset.
Would you like to explore more details on how these liquidations might influence the market or if IO refers to a specific project/token you're following?
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