MYX (4 Aug 2025) — Deep Post-Mortem of a 10x Short Squeeze
Quick Snapshot — What Happened
On 4 August 2025,
#MYX# (MYX Finance) experienced a violent price spike driven by a short squeeze.
- Intraday high went above $1.4, with 10x weekly gains.
- Liquidation trackers recorded $9.9M–$10.1M of short positions wiped out during the key episodes.
1) Timing / Catalyst
The squeeze was enabled by a cluster of events in early August that concentrated market attention:
- Exchange visibility: MYX had been gaining traction from earlier TGE-related listings and mentions on major exchanges, boosting market