Although everyone understands, they still press forward as usual. RAVE briefly surged above $27. Over the past 24 hours, $20.64 million in total liquidations occurred across the network, ranking third after Bitcoin and Ethereum, with $18.34 million in short positions liquidated and the largest single liquidation at $161,500. (Data from Coinglass) How to put it? It’s always a brutal game—once all the shorts are wiped out, the story will change again. Both sides are testing patience and strategy, but ultimately, retail traders hold too little leverage to make a real difference.
Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.