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by: xpoolPosted on: April 24, 2025

Massive Short Squeeze Hits Cardano, Signaling Bullish Shift

Cardano (ADA) is experiencing a bullish resurgence as bearish traders face substantial losses. According to blockchain analytics platform TapTools, over $2.49 million in short positions have been liquidated within the past 24 hours alone. This significant liquidation surge signals increasing strength behind Cardano’s recent price rally and may indicate that a broader market reversal for altcoins is underway.

Related posts:

  1. Can Cardano Reach $2? Analyst Seeks Promise in Mutuum Finance (MUTM)
  2. Cardano Gains Ground, Mutuum Finance Soars with Presale Success
  3. Cardano Surges 11% as Trading Volume Reaches $1 Billion
  4. Will ADA Break Through Resistance? Bulls Eyeing a Breakout
Cardano Crypto Market DeFi

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