Massive $XLM Short Liquidation as Price Surges to $0.43991
The XLM market just witnessed a wave of liquidations as shorts faced a brutal wipeout at the $0.43991 mark.
A staggering $4.52K worth of short positions were obliterated as Stellar ($XLM ) surged higher, leaving traders caught on the wrong side of the trade.
The pressure has been mounting for days as XLM showed signs of breaking key resistance levels.
Bears who were betting on a price reversal underestimated the momentum.
When the price pierced through $0.43, the liquidation domino effect kicked in, fueling further upward momentum and wiping out leveraged short positions.
This event highlights the high-stakes world of crypto trading.
With markets moving in sharp, unpredictable bursts, a single surge can wipe out positions in seconds, leaving unprepared traders scrambling to recover.
While the $4.52K figure might not sound enormous on its own, it serves as a signal: bulls are seizing control, and resistance is cracking.
Traders must ask themselves—how far can this rally go, and who will be next in line for liquidation?
In the volatile world of $XLM , anything can happen.