$ETH $ETH
$ETH (Ethereum)
short liquidation:
Trade Type:Liquidated Short
Liquidation Value: $50,300
Trigger Price: $2,903.44
In this case, a trader was betting on Ethereum’s price to decline but got caught in a price surge. When ETH hit the liquidation price of $2,903.44, their short position was forced to close, resulting in a $50,300 loss. This highlights Ethereum’s volatility—where even relatively stable assets like ETH can trigger massive liquidations if there's a sudden price jump, especially in highly leveraged positions.
This liquidation is a reminder of how quickly the market can swing, especially for altcoins or major assets like ETH that are often subject to large-scale moves in response to news or market sentiment.
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