MMT experienced a short-term spike, breaking through $4.4 before retracting. Over the past 4 hours, liquidations in the futures market amounted to $109 million.

BlockBeats News, November 5th, according to market data, Momentum (MMT) continued to surge after the opening, quickly reaching a high above $4.4 before pulling back. It is now trading at $2.54, with a market cap of $5.18 billion.

According to Coinglass data, in the past 4 hours, the total amount of MMT contract liquidations across the network reached $109 million, with $102 million in short liquidations and $7.45 million in long liquidations.