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GUSD
3.8%
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Launch
CandyDrop
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Launchpool
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Alpha Points
Trade on-chain assets and earn airdrops
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EUL surged rapidly by +15.23% within a 15-minute window. The key driver came from technical short-squeezes triggered by continuous short liquidations in the derivatives market, not from any fundamental-positive news. The current order-book depth is extremely thin (buy/sell depth ratio is only 0.15). With relatively small capital, price volatility can be amplified, but sell-side pressure remains significant, and liquidity risk cannot be ignored. Community discussions also point to the mechanism of shorts repeatedly being liquidated and buy-side pressure increasing.