$MYX Pump Breakdown: Why the +1000% Surge Isn’t Hype — It’s a Short Squeeze Hunt
📉 Low Market Cap + No Liquidity:
• Almost all tokens are out of circulation
• Only 3 spot pools: MEXC, Bitget, BSC (Pancake)
• Spot market is razor-thin — just $300k daily volume
💥 Core Mechanism: Short Liquidations
• Shorts open → funding rate drops to -16%/8h (or -160%/day with 10x leverage)
• Insider opens long positions with low funding, pushes spot price up
• Shorts get squeezed → liquidation cascade
🤑 Insider/Market Maker Profits:
• Opens 10x leverage long positions
• Moves spot upward via thin liquidity
• Earns 20%+ per hour
• Triggers short liquidations and collects funding + profit + liquidated shorts
➡️ Minimum profit from this strategy: $30,000,000
