$TAO has just seen a significant short liquidation of $64.3K at $504.47, highlighting a surge in bullish momentum.
This liquidation reflects the strength of the current rally, with short positions being rapidly forced to cover, further driving the price upward.
As $TAO continues to climb, the potential for more short squeezes could propel the price even higher, amplifying the ongoing bullish trend.
TAO is showing impressive strength, and this move could signal the start of a larger rally.
Keep a close watch on $TAO as it accelerates toward new highs.