Tag: short squeeze
Highstreet rallied 247% from its all-time low in 48 hours – $1.3B in futures says it won’t last
A dead metaverse token just generated more futures volume than most blue-chip altcoins – and nobody can explain why. $677 million in 24-hour trading volume. On a token worth $32 million. Highstreet’s HIGH – a metaverse gaming project nobody’s talked about since 2021 – just ripped 244% from its all-time low to $0.40 in two…
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Enjin rallied 180% from its all-time low – now $307M a day is flowing into a $93M token
The gaming token that touched rock bottom five weeks ago just attracted more daily volume than most top-50 coins. Enjin hit its all-time low five weeks ago. Now traders are pouring $307 million a day into a token with a $93 million market cap. Something doesn’t add up – or it adds up perfectly, depending…
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Zcash rallies 56% as $28M in shorts get liquidated – first privacy coin ETF nears decision
Everyone left privacy coins for dead after the 2022 exchange delistings. Binance dropped ZEC. Bittrex followed. The narrative was straightforward: privacy is a regulatory liability, not a feature. Zcash didn’t get the memo. ZEC tore through $376 this week in a rally that delivered 56% gains in seven days – outpacing Bitcoin’s 8.8% weekly move…
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Ethereum price analysis: $1.1B vanishes from ETH futures – and the rally just started
A derivatives flush wiped overleveraged shorts and flipped funding rates bullish for the first time in five days. One point one billion dollars in Ethereum open interest — the total value of active futures bets — disappeared between April 1 and April 2. The price didn’t crash. It rallied. ETH climbed to $2,136 on April…
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