Liquidation Storm on Ethereum!
In the last 30 days on ETH:
🔴 There was a massive liquidation of $6.19 billion in long positions (levels: $2226 → $2620).
🟢 However, after the $2917 level, shorts were also crushed, resulting in a liquidation of $3.71 billion.
The market is clearing both sides. Could a new direction be on the horizon?