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CoinEx News: On August 14, 2026, AKE traded near $0.0071 after rising more than 72% in 24 hours, according to CoinGlass data. During the move, the price briefly reached an all-time high above $0.008. Futures volume hit $1.25 billion, far above spot volume of about $27 million, while open interest stood near $138–140 million. Twenty-four-hour liquidations totaled $8.36 million, of which short positions accounted for $7.41 million.
The sharp rise and temporary ATH were accompanied by heavy short liquidations, creating forced buying that accelerated the price move. Futures activity dominated trading, consistent with leveraged positioning driving short-term volatility.
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