$48.2 million in ETH long positions liquidated; funds are shifting amid $1.16 billion in liquidations
Yesterday, the market was still trending upward. Today, ETH longs got crushed. One Binance trader lost $48.2 million on an ETH long position, while liquidations across the market topped $1.16 billion in 24 hours. This isn’t a pullback—it’s a shakeout. Overleveraged longs are the first to get wiped out.
Funds are moving out of ETH longs. BTC miner MARA sold 13,597 BTC over six weeks, while SOL is holding steady around $83.46. The money hasn’t disappeared; it’s just moved elsewhere. Sector rotation is already underway.
Those who focus only on leverage and ignore fundamentals will eventually get burned by the market. Going all-in on ETH longs comes at the cost of getting wiped out. Funds are now moving from ETH into SOL and BTC. I’ve said it before: following the money is the way to go. Holding stubbornly onto high-leverage longs will only leave you trapped.
Tonight, watch to see whether ETH can hold key support. If it can’t, look straight to the next target. Don’t stubbornly cling to long positions at these highs. When funds shift, following the money is the way to go.
🐶 Let’s check out Lao Ma’s little dog together ✨🚀
Yesterday, the market was still trending upward. Today, ETH longs got crushed. One Binance trader lost $48.2 million on an ETH long position, while liquidations across the market topped $1.16 billion in 24 hours. This isn’t a pullback—it’s a shakeout. Overleveraged longs are the first to get wiped out.
Funds are moving out of ETH longs. BTC miner MARA sold 13,597 BTC over six weeks, while SOL is holding steady around $83.46. The money hasn’t disappeared; it’s just moved elsewhere. Sector rotation is already underway.
Those who focus only on leverage and ignore fundamentals will eventually get burned by the market. Going all-in on ETH longs comes at the cost of getting wiped out. Funds are now moving from ETH into SOL and BTC. I’ve said it before: following the money is the way to go. Holding stubbornly onto high-leverage longs will only leave you trapped.
Tonight, watch to see whether ETH can hold key support. If it can’t, look straight to the next target. Don’t stubbornly cling to long positions at these highs. When funds shift, following the money is the way to go.
🐶 Let’s check out Lao Ma’s little dog together ✨🚀