$ETH : A short position worth $1.22 million was liquidated near 2523.98.
Liquidations create one-sided forced trades: liquidating a short position means forced buying, which can accelerate the price upward. But prices often pull back after a short squeeze runs its course.
What leverage level do you consider safe? Share your thoughts in the comments.
Liquidations create one-sided forced trades: liquidating a short position means forced buying, which can accelerate the price upward. But prices often pull back after a short squeeze runs its course.
What leverage level do you consider safe? Share your thoughts in the comments.