$AAVE Liquidation Shockwave: Major Short Wiped Out!
A massive $4.7019K AAVE short position has just been liquidated at a price of $319.857, sending shockwaves through the market and signaling a potential short squeeze underway.
Key Details:
1. Liquidation Breakdown:
Liquidated Amount: $4.7019K $AAVE
Liquidation Price: $319.857
2. Market Impact:
A liquidation of this magnitude indicates significant upward pressure, likely driven by a surge in bullish momentum.
This could trigger further price increases as shorts scramble to cover positions.
Suggested Next Moves:
1. For Traders:
Momentum Play: Watch for a breakout above $320. If sustained, $AAVE could target the $340-$350 range.
Pullback Zones: Look for reentry opportunities near $310-$315 if the price retraces.
2. For Long-Term Investors:
