🚨 The short squeeze machine!! $RAVE 56x in 7 days, 40 million shorts wiped out in two days

From $0.25 to $14, in 7 days, 5600%
This is not value discovery, but a carefully designed short squeeze trap.

Why did the short sellers get wrecked so badly?

Concentrated chips, over 98% held by the top 10 addresses, less than 2% freely circulating. The main players can push up at will, and shorts have no right to resist.

What was the result?
Shorts were liquidated for $27.52 million, accounting for over 72% of total liquidations. Longs only liquidated for $10.56 million.

Rally → Liquidation → Passive buying → Rally again.
Death spiral, and the shorts are the fuel.

Sister Long’s friendly reminder ❗

98% concentration of chips, RSI over 85, valuation of 1.5 billion far exceeding the project's fundamentals.
The four major risks are already flashing red.

In this kind of market, you can watch, you can nibble short-term, but don’t get caught up in the big picture, don’t hold large positions, and definitely don’t borrow to short.

Behind the wild rally, there’s always another group’s liquidation record.
‌ #波动雷达：币种异动观察 ​​​​
#加密市场回升