$VANA Long Liquidation Chaos: $7.57K Obliterated at $17.33353
The crypto market saw a seismic shift as $7,570.4 worth of $VANA long positions were liquidated at the critical level of $17.33353, leaving traders stunned.
This dramatic event underscores the ruthless volatility of the crypto space and the immense risks of leveraged trading.
Bulls riding on VANA’s prior momentum were blindsided as the price took a sharp nosedive, smashing through the key support level of $17.33353.
The cascade of liquidations that followed forced leveraged positions to close, adding fuel to the sell-off. This snowball effect amplified bearish momentum, creating a market shake-up.
1. Critical Support Level Breached: The collapse of $17.33353 marked a turning point, with bulls losing control as bears tightened their grip.
2. Significant Liquidation Volume: A $7.57K wipeout reflects the high stakes and aggressive positioning of traders expecting a bullish continuation.
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