MYX Soars 157.95% to $4.14 as $16.53M in 24-Hour Liquidations Crush Short Positions

According to Coinglass data cited by COINOTAG on Sept. 8, the total 24-hour liquidation on the MYX network surpassed $16.53 million, comprised of $2.85 million in long liquidations and $13.68 million in shorts. On a 24‑hour basis, MYX’s liquidation volume ranked only behind ETH and SOMI, indicating elevated derivatives activity.

Market feeds show MYX trading at $4.14, reflecting a 24‑hour gain of 157.95%. The simultaneous rise in price and liquidation totals points to significant intraday volatility; market participants and risk managers should monitor open interest, leverage, and order-book metrics to inform position management.