MARKET MELTDOWN: $GMT Long Liquidation – $1.06K at $0.12229!

Unbelievable market shake-up: $1,060.60 worth of GMT long positions LIQUIDATED at $0.12229, sending shockwaves through the market!

The crypto battlefield just claimed another victim—liquidations like this can spark massive price swings, and GMT is at the center of it!

What Went Down:

$GMT, the governance token for STEPN, a move-to-earn platform, was hit with a swift price dip, triggering a wave of long position liquidations.

Traders were caught in the crossfire, and it’s a perfect example of how volatile this space really is!

Price Action: After the $1.06K liquidation, GMT dropped to $0.12229, and is now holding steady around $0.1226, showing 6.03% decline from the day’s highs.

The intraday high hit $0.1309, but the market still hangs in balance. Could a bigger correction follow?#TRUMPOnBinanceFutures