Explosive $ARB Short Liquidation Shakes the Market
A staggering $1.1929K short position on $ARB was liquidated at $0.7258, sparking a dramatic price surge that has sent shockwaves through the market.
This massive liquidation highlights the intense volatility and the power of short squeezes in the crypto world.
The $0.7258 level proved to be a critical pivot, with bulls seizing the opportunity to drive prices higher.
The magnitude of this liquidation suggests that momentum could continue to build, raising the stakes for traders caught on the wrong side of the market.
This event serves as a stark reminder of the risks involved in shorting volatile assets.
As $ARB continues its ascent, traders are left wondering if the bulls can maintain this explosive rally or if bears will regroup for a counterattack.
