💀 WHALE SHORTED $32.72M IN ETH AND IS $9 AWAY FROM LIQUIDATION
An address shorted 13,830 ETH at $2,366 last night. This morning, ETH bounced to $2,409, and 2,765 ETH ($6.66M) have already been liquidated. It has 11,061 ETH left, with a liquidation price of $2,419. The difference from the current price is $9.
Meanwhile, Ethereum ETFs have seen a net outflow of $955 million between October 1 and 16. ETH is trading at $2,445, 39% below $4,000.
Institutional pressure is still there, but the shorts are trapped. If ETH breaks $2,419, the cascading liquidations could be brutal.
Will you trade the squeeze or the downtrend?
Click here to trade 👉🏻 $ETH
An address shorted 13,830 ETH at $2,366 last night. This morning, ETH bounced to $2,409, and 2,765 ETH ($6.66M) have already been liquidated. It has 11,061 ETH left, with a liquidation price of $2,419. The difference from the current price is $9.
Meanwhile, Ethereum ETFs have seen a net outflow of $955 million between October 1 and 16. ETH is trading at $2,445, 39% below $4,000.
Institutional pressure is still there, but the shorts are trapped. If ETH breaks $2,419, the cascading liquidations could be brutal.
Will you trade the squeeze or the downtrend?
Click here to trade 👉🏻 $ETH