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Update $RAVE
Increased +450% in 3 days.
More than $10 million in short positions have been liquidated as the price increased.
More than $8 million in long positions have been liquidated as the price decreased.
The current price is more than 50% below the local peak.
Large investors hold significant short positions: $9 million in shorts compared to $2 million in longs.
Retail investors continue to buy as the price drops, with many currently trapped.
The trend remains downward.
It could reach the $0.50 range if the price continues to decline.