ETH – Exchange Liquidation Map Analysis
If Ethereum drops to $3,600, over $7 billion in long positions would be liquidated — a highly attractive liquidity pool for exchanges 😈.
This doesn’t mean I want ETH to fall; in fact, I’d prefer it to keep rising until year-end. However, since liquidity has flowed mainly into ETH while other altcoins remain inactive, this suggests ETH might be positioning to balance the overall crypto market cap in response to potential Bitcoin dominance moves.