Massive $CRV Short Liquidation!
$98.6K Liquidated at $0.493!
Curve Finance (#CRV) just sent a powerful shockwave through the market, with a staggering $98.6K in short positions wiped out as the price surged to $0.493!
The bulls are flexing hard, leaving short-sellers scrambling in their wake.
Price Action: $CRV ’s explosive rally caught bears off-guard, triggering a cascading short squeeze.
As prices climbed above key levels, heavily-leveraged short positions were obliterated, forcing liquidations that fueled even more bullish momentum.
What This Means:
Short squeezes of this magnitude indicate a significant bullish shift in sentiment.
The market is punishing over-leveraged shorts and building momentum for potential further gains.
This $98.6K liquidation highlights the dangers of high leverage, especially in volatile crypto markets.
Bulls now have control—watch for $CRV to test higher resistance levels as the buying pressure intensifies.
Next Moves: With CRV gaining traction, the next targets could push it beyond $0.50 if the bulls maintain momentum.
However, sudden reversals aren’t off the table—volatility is the name of the game!
Stay Alert: The crypto market can turn on a dime.
Are you ready for the next big move?
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