LIQUIDATION ALERT: $VET LONG POSITIONS CLOSED

A notable long liquidation event has occurred on VeChain ($VET), highlighting renewed downside pressure in the market.

Asset: $VET

Liquidation Size: $4,924.9

Liquidation Price: $0.00768

This liquidation indicates that leveraged bullish positions were forced to close as price dropped to the $0.00768 level. Such events typically increase short-term volatility and can intensify selling momentum as positions are automatically unwound.

Market implications:

• Bullish leverage was flushed at $0.00768

• Short-term sentiment shifts toward caution

• Liquidity zones below current price may have been targeted

• The next move depends on buyer response and volume strength

Liquidation cascades often reset excessive leverage and create conditions for either a technical bounce or continued downside. Traders should monitor order flow, support levels, and overall market structure for confirmation of the next direction.

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