PANews
PANews|Sep 08, 2025 11:19
[MYX briefly surged to $8 due to a large long position liquidation, then fell back to $6.3] According to on-chain analyst @ai_9684 xtpa's monitoring, MYX briefly surged to $8, triggered by the liquidation of a large long position worth $4.78 million, which caused a forced buy-in and a sudden price spike. After the liquidation, Binance futures open interest instantly decreased by 6 million MYX, and the price of MYX subsequently fell back to $6.3.
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