$PNUT Liquidated Short: $353K at $1.219

The market has just seen another breathtaking liquidation with $PNUT , shaking up the crypto space.

A $353K short position got obliterated at $1.219 – marking a moment of high volatility.

Traders betting on the downfall of $PNUT were caught off-guard as the market surged, wiping out this massive short position.

It’s a stark reminder of the power of short squeezes in crypto markets, where sudden upward price movements can trigger liquidations and push prices even higher.

This wasn't just a regular shakeup—it’s a reminder of how fast liquidations can turn the tables for those caught on the wrong side.

Why It Matters:

Short liquidations like this are part of what makes crypto so thrilling.

With leverage at play, positions can quickly swing from profits to massive losses.

The PNUT surge serves as a warning to those betting against the market without a solid risk strategy.

As crypto traders, understanding how leverage and short squeezes work is crucial to avoid getting trapped in positions that can skyrocket in an instant.

Stay sharp.

#COSSocialFiRevolution #SOLHitsATH #SOLHitsATH #XRPAndSECShift #SOLHitsATH