$ETH
Massive Short Liquidation Hits Ethereum Market
A huge $108,000 short position on Ethereum was liquidated as the price surged to $3,364.54.
Traders betting on ETH's price dropping faced a significant loss as the crypto market showed bullish strength.
This liquidation signals strong buying momentum, forcing bearish positions to close under pressure. Such events often lead to increased volatility, attracting more traders to the action.
For Ethereum holders, this liquidation highlights the growing confidence in the market, suggesting potential for further gains if the momentum continues.
With ETH showing resilience, traders should monitor key levels closely to anticipate the next big move.
#BitcoinInSwissReserves #BTC94KShowdown #BinanceAlphaAlert #SolvProtocolMegadrop #MicroStrategyStockSale