$1 Billion in Ethereum Shorts at Risk if ETH Reaches $4,000
Main Idea
If Ethereum's price reaches $4,000, nearly $1 billion worth of short positions could be liquidated on major exchanges, potentially fueling further price momentum.
Key Points
1. Ethereum's price reaching $4,000 may trigger nearly $1 billion in short position liquidations.
2. Mass liquidations could further drive Ethereum's price momentum.
3. Ether's ongoing rally is putting significant pressure on traders.
Description
The post $1 Billion in Ethereum Shorts at Risk if ETH Reaches $4,000 appeared first on Coinpedia Fintech News If Ethereum’s price reaches $4,000, nearly $1 billion worth of short positions are set to be liquidated on major exchanges. Recent data shows this price level represents a critical threshold, and a surge past $4,000 could trigger mass liquidations, potentially fueling further price momentum. Analysts note that the unfolding short squeeze highlights strong bullish sentiment in the market,...
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