ATOM Jumps 11% as Short Sellers Feel the Heat: Could Cosmos Rally Further?

Cosmos surged 11%, driven by stronger sentiment, social attention, and leveraged positioning. Bears lost $1.28 million as rising ATOM prices triggered significant short liquidations. Negative funding and $1.14 million exchange inflows could limit further gains without stronger spot demand. Cosmos has delivered a sharp surprise while the wider crypto market struggles. ATOM jumped 11% over the past day, attracting fresh trader attention…