$BEAT A harsh wake-up call, a heavy blow to the bulls chasing higher prices.

In the past 24 hours, long positions have been liquidated for $2.97 million, short positions for $5.03 million.
It seems shorts are worse off, but the bulls chasing the high are completely unable to hold the market,
with a break in buy orders on the order book, and a waterfall decline now unavoidable.
I directly went all-in with a $390k short position!

1. The position structure has completely deteriorated:
the average cost of traders in profit is only $0.7893,
while those in loss have an average cost as high as $0.7870.
The price has stagnated around $1.15,
early low-cost positions are systematically taking profits,
each sell-off directly penetrates the weak buy support.
BEAT surged from $0.75 to $1.375 and then quickly retreated,
trading volume sharply shrank, and bulls' stampede has fully begun.

2. Token unlock floodgates are about to open:
currently, only about 13.93% of the total supply is circulating,
a large amount of tokens will gradually flow into the secondary market.
The community has publicly complained to exchanges,
accusing the project team of malicious market manipulation and severe liquidity issues,
retail investors cannot smoothly build or exit positions,
and the thriving trading volume is purely fake hype.

3. High fees and exchange delisting trigger a trust crisis:
BEAT’s daily fee loss can reach 20%,
seriously eroding holdings.
Hibt exchange has explicitly delisted BEAT,
cheap liquidity has been cut off.
Analysts warn that major shareholders have reduced their holdings by more than half from 80%,
effectively running away with the project.

A $390k short lock-in, waiting for BEAT to break below $0.65 and then collapse in a stampede!
$BEAT