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Markets

Quack AI (Q) Rises More Than 83%; Short Liquidations Hit $8.39M

Image: TokenPost

Quack AI (Q) gained more than 83% over 24 hours through 12:30 p.m. ET (16:30 UTC) Oct. 18, with market snapshots showing heavy futures activity and more dollar value in short than long liquidations. The 12:30 p.m. snapshot put Q’s 10-day gain at 661% and futures volume at 25.7 times spot volume. Open interest stood at 64% of Q’s market capitalization. These figures describe trading activity around the advance but do not identify what started it. An earlier liquidation snapshot, captured at 7:37 a.m. ET (11:37 UTC) and covering Binance Futures and Bybit, showed short liquidations of about $8.39 million, compared with $3.08 million in long liquidations. The figures measure dollar amounts in forced closures, not the rate at which positions closed.

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