DefiPlaybook
RIVER's recent surge looks fierce, but a closer look at the data reveals some issues. According to liquidation data, the total liquidation amount within 24 hours reached $9.29M, with short positions being liquidated for $6.98M, indicating a strong force. The problem is—funding rates show -0.6579%, and the short squeeze level is already quite high, yet the price continues to push upward. Be cautious in such situations.
Many people's logic is: short liquidations = bullish signal, but in reality, this is also the favorite moment for the main players to induce more buying. Shorts have already take
Many people's logic is: short liquidations = bullish signal, but in reality, this is also the favorite moment for the main players to induce more buying. Shorts have already take
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