A massive $71K long position on $CHZ was liquidated at $0.0861, causing a sharp drop that rattled the market.
The sudden reversal caught traders off guard, triggering a wave of liquidations as $CHZ tumbled.
With volatility surging, all eyes are now on $CHZ—will it find support or continue its descent?
The next move in $CHZ is critical, and traders are bracing for further action.
