A massive $67.1K long position on $ALGO was liquidated at $0.254, triggering a sharp drop that sent shockwaves through the market.
The sudden decline caught traders off guard, sparking a wave of liquidations as $ALGO plunged.
With volatility surging, all eyes are now on $ALGO—will it find a floor, or is further downside ahead?
The next move in $ALGO could be crucial as the market braces for the next shift.
