RLC Surges 188% in a Week as iExec Rally Raises Pullback Concerns
- —RLC gained 188% in 7 days and 46.6% in 24 hours to $1.07
- —Short liquidations over 24 hours reached $3.57 million
- —Derivatives open interest jumped more than 1,500%
- —Daily trading volume exceeded $190 million
Why it matters: The move is fueled by a short squeeze and rising leverage, increasing the risk of a sharp pullback if momentum fades.
Source: CoinCodex