Massive Long Liquidation on $OP !
Amount Liquidated: $4.1305K Price Trigger: $1.80776
OP just triggered a huge market shake-up, with $4.1305K in long positions liquidated as the price plummeted to $1.80776, causing intense sell-offs and market chaos!
Here’s the explosive breakdown:
1. Liquidation Size: A staggering $4.1305K in long positions were wiped out in seconds, sending shockwaves through the market and causing massive volatility.
2. Price Drop: The liquidation was triggered when $OP dropped to $1.80776, forcing traders who were betting on the rise to close their positions in a panic, fueling the downward move.
3. Market Impact: This massive liquidation signals bearish pressure, which could continue to push prices lower as more long positions get flushed out of the market.
4. What’s Next? With such a big liquidation, expect wild price action ahead.
Will OP find support and recover, or will the downturn continue as the market adjusts?
Traders, brace for volatility! $OP is in full price chaos mode, and the next moves could be explosive.
Stay vigilant, watch every move, and manage your risk carefully!