A massive $57.6K long position on $HOOK was liquidated at $0.451, triggering a sharp drop that rattled the market.
The sudden price reversal caught traders off guard, sparking a wave of liquidations as $HOOK tumbled.
With volatility surging, all eyes are now on $HOOK—will it find support or continue its slide?
The next move in $HOOK could be critical for shaping the market's direction.