$AVAX Short Liquidation Alert!
A $50.4K short position on AVAX was liquidated at $52.7300, signaling a momentous shift for the market.
As of now, Avalanche is trading near $50.02, reflecting slight downward pressure after the liquidation event.
This move underscores intense volatility around $AVAX , driven by its role in decentralized finance (DeFi) and its robust adoption for blockchain solutions.
With AVAX still holding a significant market cap of over $20 billion and high trading activity, the token remains a critical asset in the crypto ecosystem.
Traders, stay sharp as the market absorbs this liquidity!
Will $AVAX rebound strongly, or does a further correction loom?
Stay tuned for the next move!
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