ETH open interest is now $570 million.
Not 570 million — 5.7 billion.
ETH alone accounts for 67% of total altcoin OI.
This isn’t normal long overcrowding; it’s the biggest landmine on the liquidation map.
Back in December 2024, ETH OI was roughly $3–4 billion, and the liquidation size was $1.58 billion in a single day.
Now it’s $5.7 billion; when something goes wrong, it’ll be bigger.
I’m not long ETH, but I’m very grateful for that $5.7 billion.
The logic is this: ETH liquidations → selling pressure hits BTC → BTC shorts make money.
The pileup of long stop losses in altcoins is the natural backing for my BTC short.
Entry zone: when BTC rebounds to $79,700~$80,000, that’s the short limit order area.
Trigger: a hawkish FOMC, or one altcoin cracks first.
Targets: $79,000→$78,500→$77,800.
Don’t guess the top; wait for the liquidation to transmit.
📊 | Data-driven | Not advice
Not 570 million — 5.7 billion.
ETH alone accounts for 67% of total altcoin OI.
This isn’t normal long overcrowding; it’s the biggest landmine on the liquidation map.
Back in December 2024, ETH OI was roughly $3–4 billion, and the liquidation size was $1.58 billion in a single day.
Now it’s $5.7 billion; when something goes wrong, it’ll be bigger.
I’m not long ETH, but I’m very grateful for that $5.7 billion.
The logic is this: ETH liquidations → selling pressure hits BTC → BTC shorts make money.
The pileup of long stop losses in altcoins is the natural backing for my BTC short.
Entry zone: when BTC rebounds to $79,700~$80,000, that’s the short limit order area.
Trigger: a hawkish FOMC, or one altcoin cracks first.
Targets: $79,000→$78,500→$77,800.
Don’t guess the top; wait for the liquidation to transmit.
📊 | Data-driven | Not advice
