Kaspa's Price Volatility Could Trigger $30 Million Short Squeeze
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币界网报道：Kaspa's price volatility triggered a $30 million short squeeze as its value surged over 30% in 24 hours, reaching $0.18. The rally followed increased trading volume and bullish sentiment, forcing short sellers to cover positions. Analysts attribute the spike to growing interest in Kaspa's scalable blockchain technology and recent exchange listings. Market data shows liquidations exceeding $30 million, with most being short positions. Traders remain cautious as the asset's high volatility persists, though some predict further upside if bullish momentum continues. The event highlights Kaspa's emerging presence in the competitive layer-1 blockchain space.
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