#CryptoLiquidationsReach$1.16BIn24Hours
⚖️ Half the Open Interest, Bigger Losses: ETH Led the $1.16B Flush
Ether, with about half of bitcoin's futures open interest, took the biggest share of Monday's liquidations.
📊 $1.16B liquidated in 24h, mostly longs (CoinDesk, CoinGlass)
📉 ETH about $501M vs BTC about $305M
⚠️ Largest single order: a $48M ETH long on Binance
📈 ETH 1-week implied vol jumped to ~60% from ~46%
Zoom out: ETH funding flipped negative, so shorts now pay longs. ETH is near $2,124.
Does ETH reclaim $2,300 before December, or retest $1,900 first? 👇
$ETH $BTC
#CryptoLiquidationsReach$1.16BIn24Hours #Ethereum #CryptoMarket
⚖️ Half the Open Interest, Bigger Losses: ETH Led the $1.16B Flush
Ether, with about half of bitcoin's futures open interest, took the biggest share of Monday's liquidations.
📊 $1.16B liquidated in 24h, mostly longs (CoinDesk, CoinGlass)
📉 ETH about $501M vs BTC about $305M
⚠️ Largest single order: a $48M ETH long on Binance
📈 ETH 1-week implied vol jumped to ~60% from ~46%
Zoom out: ETH funding flipped negative, so shorts now pay longs. ETH is near $2,124.
Does ETH reclaim $2,300 before December, or retest $1,900 first? 👇
$ETH $BTC
#CryptoLiquidationsReach$1.16BIn24Hours #Ethereum #CryptoMarket
