The Liquidation Levels indicator in Ethereum clearly demonstrates how many leveraged traders in Longs and Shorts have been adversely affected in the last 6 months.
In the long term (6 months), the main liquidation levels were cleared, showing that traders were disadvantaged during this period.
F
rom a 3-month perspective, we can observe that the price of Ethereum quickly reached the major levels of Longs and Shorts, making trading difficult, with most traders being affected by stop triggers and forced liquidations.
In the past month, the scenario is not much different, but as of May 21, over 90% of Short positions were eliminated, leaving good levels related to Longs.
In the last week, traders persisted in maintaining their Short positions and were once again liquidated.
Overall, the main levels are now in the region above $4k and especially below $3k, with the lower regions having higher values than the Short positions above the current price.
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