$ETH
Price Drop? Let’s Break It Down! 🚨
Imagine Ethereum hitting its all-time high at $4,891.70 🗻.
Then the decline begins 📉.
Now, 150,000 traders bet against ETH.
Each puts up $10 but uses 50x leverage ⚡ — controlling $500 each!
💵 Total short volume =
150,000 × $500 = $75,000,000 in bearish bets!
What’s the effect on ETH’s price? 🤔
At its peak, ETH’s market cap was about $587 billion.
So $75M in shorts is just a tiny fraction — around a $0.63 dip, mathematically.
📈 New Price Estimate:
$4,891.70 − $0.63 ≈ $4,891.07.
Looks small, right? BUT… markets aren’t that simple 😏.
Short squeezes, panic selling, whale moves 🐳, and chain liquidations can trigger a massive crash — possibly down to $2,100! 💥
⚠️ Lesson: Numbers tell part of the story, but emotions drive the real market moves!