The violent surge of ICP is too intense! The liquidation list has jumped to third place, with $1.65 million in liquidations, of which $1.51 million is from short positions being squeezed.
Everyone in the group is discussing the violent surge of ICP, and I glanced at the data and laughed directly—this market trend has rubbed the short sellers into the ground, and the scale of liquidations has directly entered the top three in the market!
According to data, ICP's strong rise in a short time has led to a total liquidation of $1.65 million (1.65M), and what's even more astonishing is that $1.51 million (1.51M) of that is all from short positions! How pessimistic must these traders have been about ICP to pile into short positions? As a result, they were directly “wiped out” by a wave of surges, and the scene is indeed a bit tragic.
In fact, I have been paying attention to ICP for nearly 2 years; its technical strength has always been underestimated: the core team's original capabilities are extremely strong, and the public chain has long been able to provide top-notch decentralized cloud services. Now, it is leveraging two major foundational tracks—one is the Crypto AI track represented by Caffeine AI and Kinic, and the other is the Bitcoin DeFi track led by Omnity Network, showing obvious dual-driven dynamics.
Especially, I want to emphasize to the developers in the Bitcoin ecosystem: using ICP's REE infrastructure for development can directly maximize efficiency, making it incredibly effective! This surge may just be the beginning; the ecological momentum behind it is what is truly worth focusing on. #ICP生态
