If Ethereum climbs to its ATH of $4,891.70 and then gets attacked by a massive short wave, hereโs the picture:
Short Squad: 150,000 traders, each putting in just $10 but using 50x leverage โ meaning they control $500 each.
Total Short Muscle: Thatโs a combined $75 million in selling pressure.
Market Scale: At ATH, ETHโs market cap was around $587 billion โ so $75M is a tiny splash in a huge pool.
Likely Immediate Impact: Mathematically, this would only shave off about $0.63 from the price, landing it near $4,891.07 โ barely noticeable.
Butโฆ in real markets, emotions take over ๐ฑ. Panic selling, big whale moves, and chain liquidations could send ETH free-falling โ even to $2,100 in a worst-case scenario.