Massive Short Liquidation on $SUI !
Amount Liquidated: $1.1064K Price Trigger: $4.804
SUI just witnessed an explosive short squeeze, with $1.1064K in short positions liquidated as the price spiked to $4.804, sending shockwaves through the market!
Here’s the electrifying breakdown:
1. Liquidation Size: A substantial $1.1064K in short positions were wiped out in an instant, triggering an avalanche of forced buying and sending prices rocketing.
2. Price Surge: The liquidation was triggered when $SUI surged to $4.804, catching short-sellers off guard and fueling even more upward momentum.
3. Market Impact: This liquidation indicates intense bullish pressure and could cause even more shorts to get squeezed as the price continues to climb.
4. What’s Coming? With such a massive short squeeze, expect extreme volatility and the possibility of a continued price rally if momentum builds!
Traders, stay on edge! The $SUI market is exploding, and more dramatic price swings could be just ahead.
Don’t miss the action—watch the market closely and manage your risk!