#BinanceMEOpening Here's a detailed analysis for $JUP short liquidation at $15.448K at the price of $0.8429:

JUP Short Liquidation Breakdown:

1. Liquidation Amount: The short liquidation is a significant amount of $15.448K, which indicates that many traders who were short on JUP (betting that the price would fall) are being forced to close their positions as the price moves against them.

2. Price Level for Liquidation: The liquidation price for these positions is $0.84591. When JUP hits this price, these short positions will be automatically closed out (liquidated) by exchanges, triggering a massive buy pressure as these short sellers are forced to buy back the asset to cover their positions.