$ETH another meaningful one given the dollar value.
Here’s the breakdown:
Asset: Ethereum ($ETH)
Event: Long liquidation leveraged longs were forced to close.
Value: $7,714.80
Price: $3,857.39
Interpretation:
This means traders betting on ETH to go up got liquidated as the price dipped to $3,857.39. These forced sell-offs can intensify short-term downward moves.
Looking at your recent alerts:
DASH: Short liquidation bullish signal
AI16Z, M, VET, SOL, ETH: Long liquidations bearish pressure
Overall sentiment:
The market is currently showing a cluster of long liquidations, suggesting short-term downside momentum and possibly a leverage flush across altcoins and majors.
Would you like me to compile these liquidation events into a summary table or chart to visualize the balance between long and short liquidations?$ETH
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