Movement Alert｜Volatility Shares 2x Ether ETF Falls 8.07% in Pre-Market Trading, Ether Nears Heavy Liquidation Bands as Leveraged Positioning Intensifies

Market Focus10-22 21:11

On October 22, Volatility Shares 2x Ether ETF fell 8.07% in Pre-Market Trading, trading at $23.65, with turnover of $6.61 million.

The move came as Ether approached key liquidation zones, highlighting elevated leverage and short-term trading crowding in the underlying asset tracked by the fund.

Market data showed that if ETH breaks above $2,565, cumulative short liquidations across major centralized exchanges could reach $796 million, while a drop below $2,336 could trigger about $657 million in long liquidations. Additional positioning data pointed to intensified two-way bets: one Hyperliquid address was holding an ETH short worth about $43.64 million, while separate whale activity showed continued accumulation, including another 9,000 ETH purchase that lowered a leveraged long entry price to $2,553.31 and an 11-day rotation out of BTC into 63,731 ETH at an average price near $2,400.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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