the owners most sell their entire position before it goes down.
this is gonna go extreme bearish in a shot
Queen Heart
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$BNX
X SHORT TRADERS JUST GOT OBLITERATED!
A MASSIVE $7,617K SHORT LIQUIDATION JUST HIT AT $1.7069! The market just crushed bearish traders, forcing them to buy back at higher prices and fueling an explosive short squeeze!
What Just Happened?
BNX short sellers just got wrecked as the price skyrocketed past $1.7069, triggering a chain reaction of forced buy-backs. When shorts get liquidated, they are forced to cover their positions by buying back the asset, which adds even more bullish momentum and causes even more liquidations!
Why Did This Happen?
✅ Whale Manipulation? – Big money may have pushed prices up to trigger liquidation levels. ✅ Short Squeeze in Action! – Bears got too greedy, and the market punished them hard. ✅ Momentum Surge? – This move could be attracting FOMO buyers, adding fuel to the rally.
What’s Next for BNX?
🔹 Bullish Explosion? – If this momentum continues, BNX could break even higher, trapping more shorts. 🔹 Fake Pump? – If this was just a liquidation grab, the price could cool off before the next big move.
Lessons for Traders
🔸 Shorting is Dangerous! – Betting against momentum can liquidate your entire position in seconds. 🔸 Whales Control the Game – They hunt liquidity zones, so always trade strategically. 🔸 Risk Management is Essential! – Use stop-losses and leverage responsibly to avoid total liquidation.
BNX just shook the market—are we heading to new highs, or will bears strike back? Drop your thoughts below!
