I was just talking with a friend about this: if ETH breaks above $2,504, cumulative short liquidations on major CEXs could reach $1.243 billion.
My friend asked what I thought, and I replied: I’ll make a note of this for now and see what happens next.
Taking a pessimistic view, it’s not surprising to see bigger swings over the next few days. Just keep that in mind.
Don’t just look at the numbers—watch the volume, too.
$ETH is at 2,384.08 right now. No rush to act. What do you all think?
My friend asked what I thought, and I replied: I’ll make a note of this for now and see what happens next.
Taking a pessimistic view, it’s not surprising to see bigger swings over the next few days. Just keep that in mind.
Don’t just look at the numbers—watch the volume, too.
$ETH is at 2,384.08 right now. No rush to act. What do you all think?
