Fantom (FTM) is trading at approximately $0.8373, reflecting a 22.2% increase from the previous close.

Recently, a significant short liquidation event occurred when FTM's price dropped to $0.83379, resulting in the liquidation of approximately $3,029,200 worth of short positions.

This event underscores the volatility inherent in the cryptocurrency market, where rapid price movements can lead to substantial liquidations.

Traders should exercise caution and employ robust risk management strategies to navigate such unpredictable market dynamics.

Cryptocurrency markets are highly volatile.

Conduct thorough research and consider your risk tolerance before making any investment decisions.