A well-known short seller's long position on pippin is in trouble, with unrealized losses reaching $2.843 million and total losses accumulating to $4.945 million. This change reflects a significant shift in pippin's recent trend — from a low of $0.35 on January 2nd, the price has rebounded to $0.4883, an increase of 39.5%. This rebound has put pressure on traders holding short positions and has also sparked discussions in the market about pippin's future trend. The expanding losses for shorts usually indicate strengthening bullish momentum, and market participants are closely watching the coin's subsequent movement.
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metaverse_hermit
· 12h ago
I like to watch short squeezes, but I don't know how long this rebound can last.
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OnChainArchaeologist
· 17h ago
Shorts get liquidated, love to watch it happen. Lost $4.94 million haha
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down_only_larry
· 01-04 11:48
Short squeeze explosion, this rebound looks great
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AltcoinTherapist
· 01-04 11:48
Shorts getting liquidated love to watch, Pippin's rebound this time is really fierce.
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GasBandit
· 01-04 11:44
Shorts get squeezed, now that's the real squeeze. $4.94 million just disappeared like that, hilarious.
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MoneyBurner
· 01-04 11:33
A short squeeze is the best signal to build a position. The 4.945 million bloodshed makes me optimistic about this rebound.
A well-known short seller's long position on pippin is in trouble, with unrealized losses reaching $2.843 million and total losses accumulating to $4.945 million. This change reflects a significant shift in pippin's recent trend — from a low of $0.35 on January 2nd, the price has rebounded to $0.4883, an increase of 39.5%. This rebound has put pressure on traders holding short positions and has also sparked discussions in the market about pippin's future trend. The expanding losses for shorts usually indicate strengthening bullish momentum, and market participants are closely watching the coin's subsequent movement.