Massive $HIVE Long Liquidation Shakes the Market
A colossal $4.6785K long position on $HIVE was liquidated at $0.35251, sending shockwaves through the market.
This liquidation highlights the extreme volatility of crypto, where even substantial positions can be wiped out in the blink of an eye.
The $0.35251 level proved to be a critical tipping point, as bulls were unable to defend their position, resulting in this massive liquidation.
The scale of this event raises concerns about the strength of support and whether further corrections are on the horizon.
For traders, this serves as a powerful reminder of the risks involved in leveraged positions.
With$HIVE now in focus, all eyes are on whether the bulls can recover or if bears will continue to dominate the market.
