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<ul class="wp-block-list news-points">
 <li>Investors are massively shorting 1INCH, TRX, and XLM.</li>
 <li>These tokens might skyrocket once the shorts are liquidated.</li>
 <li>In the past seven days, 1INCH has outperformed TRX and XLM.</li>
</ul>
<a href="https://coinedition.com/altcoin-market-primed-for-september-breakout-says-analyst/" rel="noopener noreferrer nofollow">Read also: Altcoin Market Primed for September Breakout, Says Analyst</a>
Blockchain analysis platform Santiment has pointed to investors who have shorted against 1Inch (1INCH), Tron (TRX), and Stellar (XLM), suggesting these altcoins could see a significant price jump once liquidations begin, should their valuations rise against these bets.
Through a <a href="https://x.com/santimentfeed/status/1831422397712584832" target="_blank" rel="noopener noreferrer nofollow">post</a> on X (formerly Twitter), Santiment explained how, contrary to the investors’ short positions, their prices will rise once liquidations start. The blockchain analytics firm added:
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 “When we see heavy bets against an asset, liquidations can occur which act as “rocket fuel” for the asset’s price to rise higher. Going against the crowd of doubters could pay dividends.”
</blockquote>
<div class="wp-block-image">
 <figure class="aligncenter size-full"><img decoding="async" width="512" height="324" src="https://coinedition.com/wp-content/uploads/2024/09/unnamed-81.png" alt="" class="wp-image-493531" srcset="https://coinedition.com/wp-content/uploads/2024/09/unnamed-81.png 512w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-81-300x190.png 300w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-81-380x240.png 380w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-81-141x89.png 141w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-81-390x247.png 390w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-81-379x240.png 379w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-81-261x165.png 261w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-81-333x211.png 333w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-81-111x70.png 111w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-81-119x75.png 119w" sizes="(max-width: 512px) 100vw, 512px">
 <figcaption class="wp-element-caption">
 Source: Santiment
 </figcaption>
 </figure>
</div>
A liquidation event is triggered once the price of an asset starts to move, not in the favor of the investors who have longed or shorted their assets. In such a scenario, the amount liquidated boosts the price of the asset further which could be…
The post <a href="https://coinedition.com/short-sellers-target-xlm-1inch-trx-but-risk-liquidations/" rel="noopener noreferrer nofollow">Short Sellers Target XLM, 1INCH, TRX, But Risk Liquidations</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Short Sellers Target XLM, 1INCH, TRX, But Risk Liquidations

Coin Edition

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