💹 $ETH $4,160.68 (+6.32%)
A high-leverage short trader just lost $15.81M on a 25× position — and still holds $3.3M in unrealized losses. But this isn’t just another liquidation story… this could be the start of something bigger.
What’s Driving ETH’s Surge? 🚀
1️⃣ Short Squeeze Frenzy
In the past 24h, $76M worth of ETH shorts got liquidated.
Total crypto liquidations hit $103M.
Analysts warn: breaking $4,000 could unleash $331M more in short wipes.
2️⃣ Institutional & ETF Boom
ETH futures open interest at an all-time high of $58B.
ETH/BTC just broke its 200-week EMA.
U.S. spot ETH ETFs saw $9.5B+ net inflows, with a $727M single-day record.
3️⃣ On-Chain Signals Turning Ultra-Bullish
Glassnode sees upside toward $4,900.
Network growth & liquidity reset mirror past bottoms — historically followed by 100%+ rallies.
Why It Matters 📊
✅ High-leverage shorts are getting obliterated, fueling the pump.
✅ Institutional capital is building a solid base beyond hype.
✅ Technicals & on-chain data match previous mega runs.
Trader’s Game Plan 🎯
Watch $4K closely — a breakout could be explosive, but pullbacks will be sharp.
Track ETF inflows — they’re the heartbeat of institutional momentum.
Monitor open interest — rising OI + price breakout = possible squeeze wave 2.
Follow me:@tradingwith69