$XLM
$65K XLM Short Position Liquidated at $0.456
The crypto market just witnessed a $65,000 short position on XLM getting liquidated as its price surged to $0.456. This unexpected rally caught short sellers off guard, leading to significant losses for those betting on a price drop. Such events are common during strong upward movements when leveraged positions fail to meet margin requirements. XLM’s price jump shows increasing bullish momentum and growing confidence among investors. This liquidation serves as a reminder of the high risks involved in shorting volatile cryptocurrencies, where sudden shifts can quickly change the game for traders.
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