Bottom line: ORCA is up nearly 27%, but shorts accounted for 73% of liquidations over the past four hours. Those chasing the drop got squeezed first.

Liquidations totaled about $320,000 over the past four hours: $232,000 in shorts and $88,000 in longs. With shorts making up such a large share, this surge first wiped out positions betting against the trend. Shorts still account for 54% of liquidations over the past hour, so the direction has not reversed for now.

ORCA is currently around 2.51. Its 24-hour gains on Bybit and Gate are both about 27%, with a high near 2.75 and a low around 1.95. The price has surged quickly, so be mindful of stop-loss distance when chasing the rally or trying to call a top.

$ORCA

#ORCA #Liquidation Data

Will this rally continue, or will we see a pullback first?

View in real time: https://www.coinboss.com/currencies/ORCA