$FTM Liquidated Short: $28K at $0.734!
The market just witnessed an incredible move as $28,000 worth of FTM shorts were liquidated at a price of $0.734.
This sharp price action has sent shockwaves across the market, catching traders off guard.
The liquidations highlight the intense volatility and unpredictable nature of the crypto markets, where even the most confident short positions can be wiped out in a heartbeat.
Key Details:
Asset: Fantom ($FTM )
Short Liquidated: $28,000
Liquidation Price: $0.734
Market Reaction: Wild fluctuations as bears were forced to cover their positions
This massive liquidation is a reminder of the risk inherent in shorting volatile assets.
The $FTM price surge may indicate a potential trend reversal, so traders should stay vigilant for further moves.
Keep an eye on the market to see if this short squeeze will spark more buying momentum!