🚀 Ethereum Smashes Through $4K as Shorts Get Obliterated

Ethereum ($ETH) has surged past the $4,000 level, leaving high-leverage short sellers in ruins. One 25× leveraged trader alone lost $15.8M and remains $3.3M in the red.

The short squeeze is intense — over $76M in ETH shorts were liquidated in just the last 24 hours. Analysts warn that holding above $4K could unleash another $331M in liquidations.

Institutional demand is adding fuel to the rally 🔥. ETH ETFs have already seen $9.5B in inflows, including a record-breaking $727M in a single day. On-chain metrics hint at $4,900 as the next major target, echoing past bull runs where ETH doubled in price.

ETHUSDT Perp: 4,196.85 (+7.27%)

Takeaway: Shorts are bleeding, whales are buying, and momentum is hot. But if $4K breaks down, expect a swift correction.$ETH