$PNUT Liquidated Long: $63K at $1.109

A major long liquidation event just hit Peanut the Squirrel (PNUT) with a liquidation value of $63,000 at an entry price of $1.109.

The current price of PNUT stands at $1.10, showing a minor decline of approximately 0.8% from the liquidation level.

This event highlights increased volatility around $PNUT a meme-based cryptocurrency on the Solana blockchain, which has seen significant price fluctuations recently.

Its recent peak of $1.36 contrasts with the ongoing consolidation, leaving investors on edge.

As $PNUT gains popularity in the memecoin space, the liquidation underscores the risks tied to leveraged positions in such highly speculative assets.

Will PNUT recover or dip further?

The next few trading sessions will be key to watch!

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