Massive Liquidation Alert: $353K Short Position on $PNUT Wiped Out at $1.219!
A dramatic shift in the market as a $353,000 short position on PNUT was liquidated at $1.219.
This massive liquidation underscores the intense bullish momentum driving $PNUT price, forcing short-sellers to exit at a rapid pace.
Such a large-scale liquidation often signals a powerful short squeeze, with buying pressure overwhelming the bears.
Could this mark the beginning of a major rally for $PNUT , or is this just a temporary surge before resistance takes hold?
For traders, this event is a stark reminder of the high risks associated with shorting in volatile conditions.
Stay alert and watch closely as PNUT continues to make waves in the market.
