$113 MILLION IN CRYPTO SHORTS JUST GOT ERASED — BUT ETH HAS A MUCH BIGGER LIQUIDATION WALL AHEAD 👀
Something important happened in the market today.
Over the latest 24-hour window, roughly $138M of leveraged crypto positions were liquidated — about $113M of them were SHORTS. Bitcoin shorts alone accounted for about $57M, while ETH shorts contributed roughly $24M. The largest single reported liquidation was a $5.63M ETHUSDT short on Binance.
That imbalance matters.
When shorts are forced closed, exchanges effectively buy back the asset. Enough liquidations clustered together can accelerate an upside move — the classic short-squeeze feedback loop.
And ETH is sitting near a much larger potential battleground.
Current liquidation mapping cited by Binance News indicates that a move above roughly $2,815 ETH could expose around $497M of short liquidations, while a fall below roughly $2,574 could expose a similar ~$497M long-liquidation pool.
So I’m not looking at ETH as simply “bullish” or “bearish” here.
I’m watching which side gets hunted first.
🔥 Above $2,815 → SHORT LIQUIDITY becomes the story
🩸 Below $2,574 → LONG LIQUIDITY becomes the story
Meanwhile Bitcoin is trading around $86K, helped by weaker U.S. jobs data reducing expectations for additional Fed tightening.
The crowd is watching price. Master CX is watching where the leverage is trapped. 👀
Save these ETH levels: $2,815 / $2,574.
Whichever breaks could tell us where the next violent move begins.
— Master CX
#ETH #bitcoin #CryptoLiquidations
Something important happened in the market today.
Over the latest 24-hour window, roughly $138M of leveraged crypto positions were liquidated — about $113M of them were SHORTS. Bitcoin shorts alone accounted for about $57M, while ETH shorts contributed roughly $24M. The largest single reported liquidation was a $5.63M ETHUSDT short on Binance.
That imbalance matters.
When shorts are forced closed, exchanges effectively buy back the asset. Enough liquidations clustered together can accelerate an upside move — the classic short-squeeze feedback loop.
And ETH is sitting near a much larger potential battleground.
Current liquidation mapping cited by Binance News indicates that a move above roughly $2,815 ETH could expose around $497M of short liquidations, while a fall below roughly $2,574 could expose a similar ~$497M long-liquidation pool.
So I’m not looking at ETH as simply “bullish” or “bearish” here.
I’m watching which side gets hunted first.
🔥 Above $2,815 → SHORT LIQUIDITY becomes the story
🩸 Below $2,574 → LONG LIQUIDITY becomes the story
Meanwhile Bitcoin is trading around $86K, helped by weaker U.S. jobs data reducing expectations for additional Fed tightening.
The crowd is watching price. Master CX is watching where the leverage is trapped. 👀
Save these ETH levels: $2,815 / $2,574.
Whichever breaks could tell us where the next violent move begins.
— Master CX
#ETH #bitcoin #CryptoLiquidations
