Did you notice why $AKE experienced this sudden pump?
A significant amount of liquidity was swept during the move. Based on the chart, millions of dollars in liquidations appeared around the $0.11–$0.12 range.
There may still be substantial short liquidity positioned above the current price, so traders should remain cautious when shorting $AKE.
Moves like this can extend higher as the market targets additional short liquidations. Manage risk carefully and avoid overleveraging.
#SAKE #ETHETFsApproved
A significant amount of liquidity was swept during the move. Based on the chart, millions of dollars in liquidations appeared around the $0.11–$0.12 range.
There may still be substantial short liquidity positioned above the current price, so traders should remain cautious when shorting $AKE.
Moves like this can extend higher as the market targets additional short liquidations. Manage risk carefully and avoid overleveraging.
#SAKE #ETHETFsApproved
