🚨 A HUGE LIQUIDITY IMBALANCE IS FORMING ON ETHEREUM!
After the overnight drop, liquidity for liquidating longs is almost exhausted.
Potential short liquidations now amount to $8.71 billion, compared with just $676 million for longs.
That’s a nearly 13-fold difference in favor of shorts!
I don’t think I need to explain what could happen next. 👀
After the overnight drop, liquidity for liquidating longs is almost exhausted.
Potential short liquidations now amount to $8.71 billion, compared with just $676 million for longs.
That’s a nearly 13-fold difference in favor of shorts!
I don’t think I need to explain what could happen next. 👀