velvet:native is performing really well, big thumbs up to this mm, way better than the mm from $币安人生; 24-hour liquidation data has reached $4.56 million. Currently, velvet:native has formed a short squeeze structure. Hope the whales can keep up the momentum and squeeze out the shorts. The average cost of the whales' long positions is at 0.88u, already a 2x difference. Contract users are facing some risks—better to hold onto spot positions.