Massive $GALA Short Liquidation Sparks Market Chaos
A jaw-dropping $1.6824K short position on $GALA was liquidated at $0.03575, igniting a fierce rally that has left traders reeling.
This massive liquidation showcases the extreme volatility of the market, where even sizable short positions can be wiped out in moments.
The $0.03575 level acted as a key turning point, with bulls stepping in aggressively to drive prices higher.
This large-scale liquidation is a clear signal of the power of short squeezes, with the potential for further upward momentum or increased market turbulence.
For traders, this event is a sharp reminder of the risks of betting against volatile assets.
As $GALA surges, all eyes are on whether the bulls can maintain control or if bears will regroup for a counterattack.
