You bid $700 at 17:24:21
3***V bid more than $700 at 17:17:37.
They bid more than you- because we can only see the High bid not the Maximum bid - or possibly the same as you.
BUT
They bid seven seconds earlier than you.
At 17:17:37. they bid $700.00 +.
You made two more bids against Their unseen maximum, raising their High bid automatically each time.
They won because they bid more than you and placed that bid earlier than your $700.
Bid once.
Bid your Maximum.
Bid late.
Bid odd amounts- like $703.24- sometimes the Maximum bid is a penny higher than the underbidder.