#Binance55thProject(IO)

The heatmap shows significant liquidation of long positions for Ethereum on Bitmex, Bybit, and Binance over 7 days, dated June 7th. The highlighted area indicates a major liquidation event, resulting in a sharp price drop. After this, the path seems clear for Ethereum to rise to $3900-$4000, as the market now faces less selling pressure.#FavoriteToken $USDC