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Will BONK’s recent gains hold against 840B token liquidations? Ambcrypto 30 Jul 2024

Will BONK’s recent gains hold against 840B token liquidations? 📉

BONK’s recent gains face a potential threat due to an 840.4 billion token liquidation pool. This massive liquidation could cause substantial market movements. Investors are keeping a close watch on how this situation unfolds and its impending impact on BONK’s value in the market. The future of BONK’s price stability largely depends on the management of this substantial liquidation pool. The outcome could either stabilize or destabilize BONK’s market position.

Source: ambcrypto.com ↗

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