$THETA has just experienced a massive long liquidation, totaling $17.286K at a price of $1.9672.
This sharp decline has sent tremors through the market, amplifying concerns over the asset’s immediate direction.
With such a significant liquidation, the pressure on $THETA is undeniable, leaving traders on edge as they reassess their positions.
The market now watches intently to see if $THETA can find support or if further downside could be in store.
As volatility continues to grip $THETA, the next few moves could determine the course of its short-term future.
