At this price level, a 10% drop in BTC would trigger 13 billion in liquidations, whereas a 10% rise would result in only 4 billion; therefore, shorting at this position is definitely a sound move?
ETH falling 10% to around 2,440:
Hyperliquid shows cumulative long liquidations of approximately $630 million.
CEX figures are higher, with cumulative long liquidations of approximately $850 million.
ETH rising 10% to around 2,980:
Hyperliquid $HYPE shows cumulative short liquidations of approximately $50–260 million, significantly lower than on the downside. ETH currently has an asymmetric structure overall, with greater liquidation pressure on the downside and lighter liquidation pressure on the upside.
$BNB : Based on leverage and open interest, a 10% drop would liquidate longs worth only a few million dollars (around $1.5M on Hyperliquid); a 10% rise would liquidate even fewer shorts.
$SOL : Hyperliquid data shows that a 10% drop would liquidate around $50 million in longs, while a 10% rise would liquidate around $28 million in shorts. Market-wide figures would be somewhat higher, but still far below ETH.
ETH falling 10% to around 2,440:
Hyperliquid shows cumulative long liquidations of approximately $630 million.
CEX figures are higher, with cumulative long liquidations of approximately $850 million.
ETH rising 10% to around 2,980:
Hyperliquid $HYPE shows cumulative short liquidations of approximately $50–260 million, significantly lower than on the downside. ETH currently has an asymmetric structure overall, with greater liquidation pressure on the downside and lighter liquidation pressure on the upside.
$BNB : Based on leverage and open interest, a 10% drop would liquidate longs worth only a few million dollars (around $1.5M on Hyperliquid); a 10% rise would liquidate even fewer shorts.
$SOL : Hyperliquid data shows that a 10% drop would liquidate around $50 million in longs, while a 10% rise would liquidate around $28 million in shorts. Market-wide figures would be somewhat higher, but still far below ETH.