Today, the MYX price didn’t just dip; it showed a brutal long squeeze that triggered around 50% collapse, wiping out overheated positioning in a short amount of time and sending liquidation data flashing red across derivatives dashboards.
Less activity. Less utility demand. Investors noticed and they basically dumped.
So while the long squeeze triggered the collapse, slowing exchange momentum may have lit the fuse. Whether that trend stabilizes could determine what happens next for MYX price.
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