RIVER – Short Liquidation Update 📉➡️📈

A notable short liquidation just occurred on $RIVER.

📌 Liquidation Level: $16.01223

💥 Total Liquidated Shorts: $1.4139K

Simple Breakdown:

✅ Traders expected $RIVER to drop and opened short positions.

✅ Instead, price moved upward and touched $16.01223, forcing shorts into losses.

✅ Around $1,413.9 worth of short positions (approx 3.9 lakh PKR) got liquidated and automatically closed.

📊 Market Insight:

This kind of liquidation usually signals short-term bullish pressure.

When shorts get wiped out, it can add extra buying momentum, sometimes leading to a short squeeze and further upside continuation.

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RIVERUSDT

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