Markets· ★★· bullish·

Bitway's BTW jumps 27.5% to $2.45 after hitting $2.75 peak, $2.9M in shorts liquidated

  • —BTW hit an all-time high of $2.75 on October 14 before retreating to $2.45
  • —$2.9 million in shorts and $543,000 in longs were liquidated in 24 hours
  • —Open interest reached $302 million, still below September's peak
  • —Only 1.5 billion of 10 billion BTW tokens are in circulation
Why it matters: Limited supply and rising open interest fuel the rally, but an RSI of 81 and weakening volume raise reversal risk.
#BTW
Source: BeInCrypto KR
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