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RavenBlocks
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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 post 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: “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.”
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