$AVAX Short Liquidation Alert.

Total Short Liquidation: A staggering $12.82K at a critical price point of $36.87.

In the volatile world of crypto, short liquidations are a reminder of the intense price fluctuations that make or break traders. When the price of AVAX surged past $36.6272, it triggered a massive short squeeze, liquidating traders who had bet against the coin.

What’s Happening

Short sellers, betting on $AVAX decline, were caught off guard as the price rallied. As AVAX hit $36.6272, liquidation orders were triggered, amounting to a massive $12.82K worth of positions being wiped out.

Liquidations like these can have a cascading effect, causing further price movements. When shorts get liquidated, it often leads to buying pressure, driving the price higher.

Key Takeaways:

Short Liquidation Level: $36.6272

Total Liquidation Amount: $12.82K

Market Impact: Massive liquidations can fuel price rallies as short sellers are forced to cover their positions.

What’s Next for $AVAX

Will the price continue to rise, or will we see a reversal.

Short liquidations create heightened volatility, making it crucial for traders to monitor the market closely.

Stay tuned for more updates on AVAX and other top crypto moves.

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