๐น $ETH
Price: $4,171.3 (+6.41%)
A trader just got wrecked โ losing $15.81M on a 25ร leveraged short, and still holding $3.3M in unrealized losses. But this isnโt just another liquidation headline โ itโs the start of something bigger.
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๐ Whatโs Driving ETHโs Surge?
1๏ธโฃ Short Squeeze Heating Up
$76M in ETH short positions liquidated in the last 24 hours (out of $103M total).
Analysts warn: A clean break above $4,000 could trigger $331M more in short liquidations.
2๏ธโฃ Institutional Demand & ETF Flows Booming
ETH futures open interest hits a record $58B.
ETH/BTC pair breaks above the 200-week EMA.
U.S. spot ETH ETFs see over $9.5B net inflows, including a massive $727M in a single day.
3๏ธโฃ On-Chain & Technicals Point to More Upside
Glassnode data signals a potential move toward $4,900.
Network growth & liquidity reset patterns match previous cycle bottoms โ after which ETH rallied 100%.
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๐ก Why It Matters for Traders
High-leverage shorts are getting crushed, accelerating the bullish move.
ETF & institutional money is building a strong, sustainable base.
Technicals + on-chain metrics align for a major breakout setup.
๐ฏ Game Plan:
Watch $4K closely โ breakout is key, but be ready for a swift pullback.
Track ETF inflows & open interest for institutional sentiment signals.
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