Ethereum's leveraged short positions have reached an all-time high.

- If ETH rises by $400, the total liquidation amount will be approximately $45 million.

- If it drops by $400, the total liquidation amount will be around $10 million.

- If ETH reaches its all-time high this week, the total liquidation amount will be around $100 million.

Additionally, record shorts of ETH usually end in one of two ways. Either they completely surrender, fail, and act as fuel, or it results in the largest short squeeze of the year. Pay attention to the funding rate. #ETH $ETH