HEI surged 27% in a day. The shorts didn’t back down: Binance annualized “buyback” losses (paid to hold) were 1734%, Bybit’s was 2645%. The interest for shorting is even more brutal than the principal.

Unfortunately, even with “buyback” losses, they still got liquidated. In the past 24 hours, $866,000 was liquidated—73% of it was shorts. In the last 4 hours it got even worse: 88% were all shorts, with Binance alone accounting for 97%. The largest short position was force-liquidated at 0.1467, worth $10,000.

The short sellers who bet against the reversal were liquidated first in a wave.

$HEI

#资金费率 # liquidation data

They keep paying to hold on, dead set on it—what do you think they’re after?

Check in real time: https://www.coinboss.com/currencies/HEI