财经悟空
财经悟空|Sep 09, 2025 04:26
About the Myx situation yesterday, let me clarify again. Yesterday, I saw its funding rate was positive, and my gut feeling was that the shorts had been wiped out. So, I opened a 2x short. Later, I noticed it couldn’t drop for 15 minutes straight, so I exited. I did notify the bros right away to exit at breakeven and stop trading it, focusing on low longs instead. Even if I hadn’t exited, the stop-loss was set at $5. Last night during the plaza livestream, some fans were still saying they wanted to short it. At that time, the price was around $8. I analyzed why I wouldn’t short it. The reason was that the pool’s funds were only 7 million USDT, with 3.5 million tokens and 3.5 million USDT. If someone liquidated a few shorts and bought another 1 million USDT, it could pump hard. Plus, there were no technical signs of a downtrend. Today, the entire internet is talking about Myx. It’s up 10x in three days, and the whales aren’t giving shorts any breathing room. The liquidation volume has reached the same level as ETH’s liquidations, and its trading volume is about to surpass Bitcoin’s. A lot of friends who made profits on other coins lost it all on Myx. Today’s MYX is like a rollercoaster—some people love it, some people hate it.
+2
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads