Explosive Long Liquidation on $ACX !
Amount Liquidated: $1.9111K Price Trigger: $0.46671
The ACX market just saw an explosive shake-up as $1.9111K in long positions were liquidated when the price dropped to $0.46671, sending traders scrambling!
Here’s the full, thrilling breakdown:
1. Liquidation Size: A massive $1.9111K worth of long positions got wiped out in an instant, sending shockwaves through the market.
2. Price Impact: The liquidation was triggered when $ACX dipped to $0.46671, causing a rapid sell-off and a significant downturn.
3. Market Reaction: This large-scale liquidation usually signals bearish momentum, and with so much forced selling, more volatility could be on the horizon.
4. What’s Next? The market might continue to see downward pressure as long positions are liquidated, but this could also set the stage for a potential rebound if the selling dries up.
Traders, stay alert! The $ACX market just became a high-risk zone, with extreme volatility in play.
Watch every move carefully—prices could swing wildly in the coming hours!