MARSCOIN sold out 3.48 million US dollars in 24 hours, and began to "kill bulls" after being forced short

AiCoin data shows that MARSCOIN continued its strong trend today, reaching a high of $0.14238, with a intraday increase of over 40%. During the rally, MARSCOIN's short positions were concentrated and liquidated. According to statistics, in the past 24 hours, MARSCOIN experienced a total of 3.48 million US dollars in liquidation across the entire network, of which 2.19 million US dollars were short positions, accounting for 63%; In the past 4 hours, the single position has exploded by 570000 US dollars, accounting for 79% of the total, indicating a clear bearish trend during the upward phase. But in the past hour, the wind direction has reversed: the long position has exploded by 49500 US dollars, surpassing the short position of 27900 US dollars. After the price surged and fell, the chasing leverage began to be cleared, and the market is shifting from one-sided short pressure to a high volatility long short double kill. If the price cannot recover from its previous high in the future, there is still a risk of further liquidation if multiple orders are added. Risk Warning: MARSCOIN fluctuates greatly, please pay attention to position and leverage risks. The data is for reference only.