$COW Liquidated Short: $77.5K at $0.640
A massive $77.5K $COW short position was liquidated at $0.640 as the market surged unexpectedly.
Traders betting on a price drop were blindsided by a rapid upward move, leading to a painful liquidation.
Entry Point: $0.640
Target: $0.550
Stop Loss: $0.670
$COW ’s volatile movement caught shorts off guard, highlighting the need for precise risk management.
Traders must remain vigilant, set protective stops, and be prepared for fast market reversals.