$MON Liquidated Short: $53.6K at $0.0432
Short Position Wiped Out | Key Breakdown
📌 What Happened?
A $53.6K short position on MON was force-closed after the market pushed above $0.0432.
The trader expected downside, but buy-side pressure + momentum spikes drove the price upward fast enough to trigger liquidation.
🔍 Why This Liquidation Happened
1️⃣ Sudden Upward Price Momentum
MON saw a quick move upward, likely triggered by spot buying or high-volatility market conditions.
The short seller was positioned aggressively, so even a small move up caused massive P&L stress.
2️⃣ High Leverage Use
Based on the liquidation level, this trader was using high leverage (likely 15–30x).
At that leverage, a small 2–3% upward move is enough to wipe the position.
3️⃣ Liquidity Sweep
Market makers often push price to known short-liquidation clusters, triggering a cascade:
shorts get forced to buy back
price pushes further up
more shorts cascade liquidate
⚠️ Impact on MON Price
Short liquidations inject buy pressure, so movements like this:
strengthen short-term bullish momentum
can spark a mini short-squeeze
reduce sell-side resistance
If more shorts are stacked above $0.044–$0.046, MON could see another upward sweep.
🧠 Trader Insight
This liquidation shows:
MON is in a short-crowded zone
Market makers are targeting liquidity pockets
Momentum traders are stepping in on every dip
For now, shorts should be cautious, especially if MON keeps closing above key micro-levels.
If you want, I can also create:
📈 a chart-style explanation,
📊 a short-squeeze probability, or
🔎 next liquidation levels for MON
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