💥 Breaking: $ETH Bears Crushed with $15.8M Loss — Short Squeeze Ignites Rally
In a dramatic turn for the markets, one high-leverage Ethereum bear just suffered a $15.81 million realized loss on a 25× leveraged short — and still holds $3.3 million in unrealized losses.
But this isn’t just another liquidation tale — it’s a snapshot of a much bigger shift in momentum for ETH.
What’s Fueling the Surge?
1️⃣ Short Squeeze Pressure
The pain for bears is real. Recent derivatives data shows $76M in ETH short liquidations in the past 24 hours, out of a total $103M liquidated across the market.
2️⃣ Volume + Momentum Spike
The rapid price rise to $4,170 (+6.8%) is being powered by aggressive liquidations and cascading buy orders, flipping the sentiment from fear to full-on FOMO.
The Bigger Picture:
If momentum holds, ETH could be entering the next phase of its rally — with short sellers fueling the fire. The higher the squeeze, the more volatile the upside could get.
📌 Takeaway: Bears just got burned, and bulls are now steering the ship.
#ETH #Ethereum✅ #CryptoNews #ShortSqueeze