Hey, so ARIA had that huge rebound recently, did you see? The short squeeze was brutal when the price recovered from the low. It went from $0.44 up to $0.71 in 24 hours, a 59.5% gain. But look at the current context, it's at $0.06 now, so those historical moves were intense.

What was interesting was how the short squeeze was triggered when massive short positions were liquidated in the derivatives. The volume was crazy at that time, between $1928374656574.84T and $54 million, almost 40% of the market cap. And on the chain, tokens were seen moving to cold wallets, clearly whales were accumulating throughout that volatility.

Now, the short squeeze left lessons: the community was divided between those who saw an opportunity for a squeeze and those warning about leverage risks. Analysts mentioned that if ARIA didn't break $0.78, it could test $0.40 again. Such extreme movements are typical when there's offer concentration and coordinated whale activity.

Currently, the volume is calmer (592k in 24h), but ARIA's volatility remains an issue. The previous short squeeze showed how much liquidity can be mobilized when these events spike. We need to watch if it forms similar patterns again or if it finds a more stable floor.