Massive Short Liquidation on $ARK !
Amount Liquidated: $2.1218K Price Trigger: $0.65855
The market just experienced a shocking short squeeze on ARK, sending shockwaves through the crypto world!
Here’s what went down:
1. Liquidation Size: A $2.1218K short position was liquidated, wiping out traders who were betting against ARK’s price.
2. Trigger Price: This massive liquidation happened when $ARK surged to $0.65855, catching shorts off-guard and sparking a wave of buying pre
sure.
3. Market Impact: A short squeeze like this often leads to sharp price movements, with the market potentially surging higher as shorts are forced to cover.
4. What’s Next? This could be a sign of a trend reversal or a bullish continuation, as the market dynamics shift.
Traders, get ready! Volatility is high, and price movements like these are a clear indication that the market is shifting quickly.
Will $ARK keep climbing, or is this just a blip? Keep a close eye on it!