Massive $NEAR Short Liquidation: $85.6K at $5.7096.
In a high-stakes market move, a $NEAR Protocol short position worth $85,644 was liquidated at the critical price point of $5.7096.
The sharp price surge likely caught traders off guard, sparking intense volatility and dramatic liquidations.
This event highlights the precarious nature of leveraged trading, especially in the crypto market’s ever-changing dynamics.
As $NEAR shows signs of strength, traders will be watching closely to see if this rally has the momentum to sustain further gains or if a correction is looming on the horizon.
Stay alert for more developments in this rapidly evolving market.
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