A wave of leveraged positions has been liquidated.
$ETH short positions were liquidated, totaling $9.39 million; 24h: +0.53%.
The concentrated liquidation of short positions creates forced buying that could push prices higher, but short squeezes can come and go quickly.
How would you sum up your current view in one sentence?
#ETH
$ETH short positions were liquidated, totaling $9.39 million; 24h: +0.53%.
The concentrated liquidation of short positions creates forced buying that could push prices higher, but short squeezes can come and go quickly.
How would you sum up your current view in one sentence?
#ETH