$AXS has just faced a significant long liquidation, totaling $6.07K at a price of $8.16961.

This sharp move underscores the volatility surrounding $AXS, leaving traders scrambling to reassess their positions.

With this liquidation, the pressure on $AXS intensifies, raising concerns over potential further declines or a shift in market sentiment.

As the dust settles, all eyes are on AXS to see if it can stabilize or if this marks the beginning of a deeper correction.

The fate of $AXS now hangs in the balance, with every price movement holding substantial weight.

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