The $XPT Short Liquidation: $25.126K at $2,064.41 highlights how platinum shorts were forced out as prices jumped past key resistance, triggering stop-losses and cascading liquidations. Even industrial metals can see sudden squeezes when liquidity tightens and momentum accelerates.
The takeaway: in volatile markets like platinum, shorts can be wiped out fast, underscoring the importance of careful risk management.
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