$BitMine Immersion Technologies Inc.(BMNR)$ $Grayscale Ethereum Mini Trust ETF(ETH)$ $ETHZilla Corporation(ETHZ)$$2X ETHER ETF(ETHU)$ During the past 24 hours, a total of $129 million was liquidated from Ether's leveraged market, with over $106 million involving short traders. The demand for Ethereum by whale investors has remained high in the recent past.
π¨ ETH LIQUIDATION ZONE ALERT! β‘π₯
π£ $3.88B in ETH shorts sitting ready to blow if price pumps 5%.
π₯ $5.38B in ETH longs on the edge if price dumps 5%.
π Why it Matters:
β‘ Short squeeze potential β a small upward move could trigger massive liquidations, sending ETH flying.
π» Downside risk β even a minor dip can wipe out billions in longs, accelerating volatility.
π‘ Pro-Tips:
Watch ETH price around $4,680 closely β thatβs the critical liquidation zone.
Manage risk, expect wild swings, and stay ready for rapid market moves.
π Market Mood:
Extreme volatility incoming β perfect for traders who like high-risk, high-reward setups.
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