Market Alert: $THE Executes Major Short Liquidation at $2.14583
In a pivotal market move, $THE has triggered a significant short liquidation event totaling $10,067 at the $2.14583 level. This price point was not just exceeded—it was decisively surpassed, marking a critical moment for market participants.
The surge in $THE’s value underscores its growing influence in the decentralized finance landscape. Bulls have seized control, driving momentum and leaving short sellers scrambling to reassess their positions.
As volatility intensifies, traders are closely monitoring the next phase. Will $THE sustain its upward trajectory, solidifying its position as a market leader, or will resistance emerge to temper its rise?