$ETH

This post indicates a significant event in the Ethereum (ETH) trading market:

Liquidation: A short position worth $138,000

was liquidated. This happens when a trader

bets that the price of ETH will fall (short

selling), but instead, the price rises beyond a certain level.

Price Point: The liquidation occurred when ETH's price hit $3,462.00.

This suggests the price increased, forcing

the trader to close their short position to

prevent further losses.

Such liquidations can indicate strong price momentum and market volatility.

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