📰 IRYS saw a short squeeze this morning, briefly surging past $0.32, up over 280% in 24 hours
BlockBeats reports, October 24: According to HTX market data, IRYS briefly surged past $0.32 this morning before retreating to $0.10. It is up over 280% in 24 hours, with its market cap currently at $266 million.
The unusual price action may have been driven by short-squeeze sentiment in the derivatives market. IRYS perpetual contracts briefly broke above $0.50, surging over 780% in four hours. The price has since fallen back to around $0.10.
◆ Takeaways
· This is an industry-wide development. Watch whether it spreads to sentiment around major cryptocurrencies.
· The above is a summary of publicly available information and does not constitute investment advice.
$BNB #币圈热点 #行业动态
BlockBeats reports, October 24: According to HTX market data, IRYS briefly surged past $0.32 this morning before retreating to $0.10. It is up over 280% in 24 hours, with its market cap currently at $266 million.
The unusual price action may have been driven by short-squeeze sentiment in the derivatives market. IRYS perpetual contracts briefly broke above $0.50, surging over 780% in four hours. The price has since fallen back to around $0.10.
◆ Takeaways
· This is an industry-wide development. Watch whether it spreads to sentiment around major cryptocurrencies.
· The above is a summary of publicly available information and does not constitute investment advice.
$BNB #币圈热点 #行业动态