Conclusion first: TAKE is up 230% in this one day. The biggest victims buried weren’t the long buyers chasing the rally—they were the shorts that kept shorting all the way.

Current price is around 0.193; the 24-hour high is 0.2147, the low is 0.058. Binance and Gate are using consistent reporting and both are capped at around 230% (this new contract isn’t listed on OKX yet).

24 hours the whole network was liquidated of $13.25 million, and 80% were shorts; in the last 4 hours it was also about 80% shorts—this isn’t a one-off spike; they’ve been shorting from start to finish and getting squeezed the whole way.

The biggest liquidation was a Binance short position: price at 0.1214 got liquidated, nearly $60,000. Looking through the records, shorts went from 0.11 to 0.20, and not a single time did they catch the top.

Open interest also surged: in the past 24 hours it jumped 445% to $26.3 million, with Binance alone accounting for 78%; your own position increased 424% in a day—adding to it never stopped.

$TAKE $BTC

#爆仓数据 # Derivatives market update

In a one-way market like this, would you go short along with it?

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