Covalent
Covalent|Aug 28, 2026 05:03
xyz:GOLD just printed its biggest liquidation bar of the month. Just over $1M in a single day, against a $4.17M 30-day total. The book was heavily short going in, with ~66% short and $85M+ in net short positioning. The crowded side finally got squeezed. Data from @goldrushdev(Covalent)
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