A massive $51.5K long position on $CFX was liquidated at $0.167, sending shockwaves through the market.
The sudden drop caught traders off guard, triggering a wave of liquidations as $CFX plunged.
With volatility spiking, all eyes are now on $CFX—will it stabilize or continue its descent?
The next move in $CFX could be crucial as the market braces for more action.