Markets· ★★· bullish·

IRYS Token Surges 570% in 24 Hours as Trading Volume Hits $963M

  • —IRYS traded at $0.1417, up from a daily low near $0.02
  • —Futures volume rose 1,035% to $7.22 billion; open interest climbed 898% to $499.68 million
  • —Trader Zetoshi estimated over $18 million in short liquidations within four hours
  • —Unlocks of 77.59 million IRYS on October 25 and 1.18 billion on November 25 loom
Why it matters: The rally is driven by short liquidations and leverage, and upcoming token unlocks could flood supply and trigger a sharp correction.
#IRYS
Source: The Crypto Times
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