$ETH ETHEREUM TAKES A HIT: Long Liquidation at $1,611.75!

The market just claimed another victim — this

time, it’s Ethereum. A $1,021.90 long position just got vaporized as ETH slipped to $1,611.75, t

riggering a liquidation that serves as a chilling reminder of how fast sentiment can flip.

What happened?

Traders were riding the wave, expecting ETH to bounce — but the market had other plans. As

price retraced sharply, leveraged long positions started to buckle… and one of them just got liquidated into the abyss.

This is more than just a number:

It shows the fragility of over-leveraged bets in a high-volatility environment.

ETH bulls got caught in a fakeout, expecting support — but the floor gave way.

With bears pressing hard, ETH is now sitting in a danger zone — and more liquidations could follow.

Why it matters:

This may be a signal of deeper downside, or just a shakeout before a reversal.

Either way, the leverage heatmap is glowing — and liquidation clusters are tightening.

Key Levels to Watch:

$1,600 – critical psychological support

If it breaks, $1,550–$1,500 becomes the next magnet for short pressure

A bounce? That could ignite short covering and fuel a surprise rebound

Bottom Line:

The market is hunting liquidity — and it’s finding it fast.

Traders beware: In the world of crypto, it’s liquidate or be liquidated.

#SolanaSurge #SolanaSurge #CanadaSOLETFLaunch #CanadaSOLETFLaunch #TRXETF