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More and more liquidations are happening at #LAB .
It was already over 600,000 USDT at midday, and now it’s over 700,000 USDT.
For the shorts that get liquidated 5 times, they need to add margin and keep raising it.
Otherwise, judging by this situation, it looks dangerous.
If more short positions pile up, the short-side market makers will have to push prices higher.