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UNITREE Contract Rebounds 15%; Short Liquidation Amount Was $160,200

The forced liquidation involved 1,751.8 UNITREE near $91.47 and carried a reported loss of about $7,838.51.

A steel clamp snaps beside a stepped metal track rising upward / TokenPost.ai
A steel clamp snaps beside a stepped metal track rising upward / TokenPost.ai

During the rebound, a short position linked to an address beginning 0x1770 was forcibly liquidated for about $160,200, while hourly funding shifted from positive to negative.

The contract dropped from $95.762 to a low of $85, then climbed to $97.747. The high was above its starting price.

A short position linked to an address beginning 0x1770 was forcibly liquidated at about $91.47. The liquidation involved 1,751.8 UNITREE and had an amount of about $160,200, with a reported loss of about $7,838.51. The address continued trading and later held a small long position.

The hourly funding rate was +0.000625% at one settlement, then fell to -0.07247% and -0.16303% in the next readings. The contract recorded about $25.59 million in trading volume over 24 hours, with notional open interest of about $29.27 million.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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