
A few months ago, i call Irys and I sold my $IRYS bag and walked away with 40% profit. Today, it has done a 25x. I thought I made a good exit until I saw what happened next. $IRYS just broke its ATH, and more than $18M in shorts were liquidated within 4 hours, according to the data being tracked. But something else caught my attention. A cluster of 6 connected wallets reportedly holds 17.51% of the supply. Before the pump, open interest was rising aggressively. Then came the price explosion and a wave of short liquidations. Classic short-squeeze behavior. But here’s where things get interesting. Token unlocks are coming: • October 25: Around 77.59M $IRYS • November 25: Around 1.18B $IRYS Team and private investors reportedly received 44.1% of the total allocation. So, does this mean $IRYS will keep pumping? Not necessarily. When short liquidations slow down and fresh buyers stop coming in, the price can reverse just as aggressively. Buying after a 25x is risky. Shorting just because a coin has pumped is risky, too. I took my 40% profit and left. Now I’m watching a coin I sold fly without me. 😂 Sometimes, being profitable isn’t the same as catching the whole move. Be honest, would you have sold at 40% profit or held for the 25x?
