$AVAX
AVAX Short Position Liquidated at $44.30 as Bulls Dominate the Market
A massive AVAX short position worth $112,000 was just liquidated at $44.30, signaling a strong surge in buying pressure that caught bearish traders off guard. When a short position of this size is wiped out, it often triggers a cascade of buy orders, pushing the price even higher as traders scramble to cover their losses. This liquidation highlights the strength of the current bullish momentum in AVAX, with buyers showing firm control over the price action. Traders who were expecting a price drop are now forced to rethink their strategies as the market continues its upward climb. While this liquidation is a sign of strength, volatility remains high, and sharp price swings are still a possibility. Investors will be closely watching AVAX's next moves to see if the bullish momentum can hold or if sellers will attempt to push back. The next few hours could be decisive, so traders should stay focused and be ready for potential market shifts.
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