Kaspa Price Hit by Record Long Liquidations as Network Activity Explodes

Kaspa just went through its biggest liquidation event to date. Leveraged long positions worth over $3.4 million were wiped out in a single move, far surpassing anything seen before on the chart. The flush showed how overcrowded bullish bets had become. It also left KAS trading near $0.08, down around 45% over the past year.