$ETH

Analysis of Exchange Liquidation Map - $ETH

If the price of Ethereum drops to $3,600, over $7 billion in long positions will be liquidated - a very attractive source of liquidity for the exchanges 😈.

This does not mean that I want the price of $ETH to drop; I would prefer it to continue rising until the end of the year. However, since liquidity has primarily flowed into ETH while other altcoins remain stagnant, it suggests that ETH may be in a position to balance the total market cap of cryptocurrencies in response to potential BTC dominance moves.