$STX Liquidated Short - $67K at $1.864
Big news in the crypto world: a massive $67K short position on $STX has just been liquidated at $1.864!
This move has sent shockwaves through the market, highlighting the extreme volatility and the risk involved in shorting.
Important Details:
The liquidation occurred at a key price point of $1.864, signaling a significant price movement in $STX.
This is a major liquidator's loss, which could trigger a domino effect, pushing the market further into volatility.
The short squeeze might cause more liquidations if buying pressure continues to rise.
Next Move:
Watch for a potential price correction. After a liquidation of this magnitude, there could be a sharp pullback or further price action in either direction.
Consider closely monitoring the $STX chart for any significant support or resistance levels that might emerge.
If you’re holding $STX, be cautious about any sudden price spikes or drops, and adjust your strategy accordingly.
Stay alert, and make sure your trades are well-calculated!