The MMT contract briefly reached $6.47 before retreating, with over $100 million in short positions liquidated in 24 hours
Market data shows that the MMT contract price has experienced significant volatility in the short term: it first surged to $6.47 and then quickly fell back, with the current quote at $2.45. As a result, the scale of MMT-related short liquidations in the past 24 hours has exceeded $100 million.

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