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A new coin $BILL , has also learned the essence of $LAB .
Just now, a wave of upward movement has already triggered many short positions to be liquidated, and many people think it’s not impossible for it to continue rising to 0.2, but first it is bouncing back and forth to shake out longs and shorts.
Currently, there are over 30 million USD worth of longs on-chain waiting to be liquidated, most of which have costs above 0.15 USD, and all are high leverage. This means that the market maker only needs to slightly hit the order book, and these longs will be liquidated, almost zero-cost harvesting, and the market maker won't miss this fat profit.
Looking at the shorts side, most of the short positions are set up by the main players at high levels, with liquidation prices above 0.20 USD, far from the current price, very safe. So continue to short. #美批准中企采购英伟达H200芯片