$ICP just squeezed short sellers, with $1.5134K in short positions liquidated at $3.045. The forced exits show that bearish traders were caught as price pushed against their positions. This kind of short liquidation can add extra buying pressure and create a quick momentum burst. The next move will depend on whether buyers can keep control or sellers step back in. For now, the liquidation is a sign that ICP remains active and volatile, so traders should stay patient and manage leverage carefully.
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