$ETH Alright, it seems you've just witnessed some serious short liquidations in the ETH market!
At an activation point of $2,502.00, a massive increase in $ETH led to the brutal liquidation of $3,287.60 in short positions. It wasn't a gradual rise; it was an aggressive move fixed on a target that completely caught short sellers by surprise. The market sentiment is undoubtedly aggressive, with $ETH breaking resistance strongly.