$EIGEN The "Massacre" Post (Binance Square)
Headline: $EIGEN Shorts Getting Systematically Erased! 🌪️🔥
The data is undeniable. While the rest of the market is sideways, $EIGEN is in full "Hunt Mode."
The Rekt Report:
• Last 24h: Over $58.42K in shorts liquidated vs. only $7.37K in longs.
• The 1h Velocity: We just saw nearly $10K in shorts wiped in 60 minutes as we breached the $0.188 zone.
• The Imbalance: Nearly 90% of all liquidations in the last 12 hours have been Bears.
Why it matters: As we approach the $0.24 liquidation cluster ($1.5M cumulative), these smaller liquidations are just the "fuse." Once that $1.5M hits, the forced market-buying will be unstoppable.
Next Stop: The 100-EMA at $0.2719. Don't be the exit liquidity for a squeeze this obvious. 📈
#EIGEN #EigenLayer #ShortSqueeze #Liquidations #TradingAlpha
$ordi