Massive $SUI Short Liquidation Sparks Explosive Rally
A jaw-dropping $102K short position on $SUI was liquidated at $4.175, sending shockwaves through the market.
This powerful move highlights the sheer volatility and potential for explosive rallies when short positions get squeezed.
The $4.175 level acted as a key trigger, with bulls seizing control and forcing shorts to cover in a dramatic surge.
The liquidation of such a large position raises the stakes, potentially setting the stage for further upward momentum or heightened volatility in the days to come.
For traders, this is a stark reminder of the risks of betting against a volatile asset.
As $SUI pushes higher, all eyes are on whether the bulls can sustain this momentum or if bears will regroup for a counterattack.