MMT briefly surged above $4.40 before retreating, with $109 million in contract liquidations occurring in the past four hours.

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On November 5th, according to market information, Momentum (MMT) continued to rise after opening, briefly breaking through $4.4 before falling back. It is currently priced at $2.54, with a market capitalization of $518 million.

According to Coinglass data, in the past 4 hours, the total liquidation of MMT contracts across the network reached $109 million, of which short positions were liquidated at $102 million and long positions at $7.45 million.

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