Data: MYX contract price briefly broke through 8 USD, and the liquidation amount in the past 24 hours topped the cryptocurrency market
Sep 08, 2025 19:14:49
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ChainCatcher news, according to crypto analyst Ai Yi @ai_9684's monitoring, MYX briefly surged to $8 due to a large long position worth $4.78 million being liquidated, triggering forced buying that caused the price to spike instantly.
After the liquidation, Binance's contract open interest instantly decreased by 6 million MYX, and the price of MYX subsequently fell back to $6.3.
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