???? #LUNA2 $LUNA

LUNA

0.1172

-9.98%

Short Liquid

There was a small liquidation of $16.198K when the price was at $0.12764.

What it means: Traders who were short in position looked forward to a depreciation of price. Contrary to their expectations, a rise in price triggered their automatic closure, leading to losses.

Why it's important:

"Short liquidations that last a short period of time are a sign

They can spark temporary bullish momentum or volatility

This type of data is very helpful in identifying the trend reversals and knowing the market mood.