Kioxia margin longs just exploded to 52.85M shares despite brutal 8.72% dump to ¥8,511.
Margin ratio hit 25.42x — up 5.64M shares since Oct 29.
This is classic degen behavior: catching knives on leveraged longs hoping for a bounce.
Either we see a violent short squeeze if buyers step in, or these longs get liquidated into oblivion.
Watch the tape. High leverage + falling price = volatility incoming.
Margin ratio hit 25.42x — up 5.64M shares since Oct 29.
This is classic degen behavior: catching knives on leveraged longs hoping for a bounce.
Either we see a violent short squeeze if buyers step in, or these longs get liquidated into oblivion.
Watch the tape. High leverage + falling price = volatility incoming.
