According to crypto analyst Ai Yi (@ai_9684) and xtpa, MYX briefly surged to $8 due to a forced liquidation of a large long order worth $4.78 million, triggering a forced buy and causing a sudden price surge. Following this forced Odaily, Binance Futures' open interest decreased by 6 million, and the MYX price subsequently fell back to $6.3.
MYX instantly rose to $8 due to forced liquidation of long orders by large investors, and then fell back to $6.3
This article is machine translated
Show original
Sector:
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content
