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ETH SHORTS OBLITERATED! 🚨
A fresh wave just hit the charts — $22,124 in ETH short liquidations triggered at $1570.40!
The bears tried to bet against Ethereum… and they paid the price. Shorts just got vaporized as ETH flexed hard, flipping the narrative and sending shockwaves through the market.
Here’s what’s going down:
Shorts got squeezed — that’s capital forcibly ejected from the system as price pushed higher.
Momentum flipping bullish — Liquidations of this type often kick off a reversal wave.
Volatility loading — Every time ETH dips into key zones and shorts pile in… the whales respond.
Why you should care:
Ethereum’s been in the trenches, scraping the lows — but this kind of action suggests a turning
tide. Combine this with the upcoming ETH
upgrades, L2 ecosystem growth, and increasing institutional exposure… and we might be
witnessing the early stages of a serious comeback.
Key Watch Zone:
> If ETH holds above $1570 and starts pushing past resistance, this could ignite a bullish chain reaction.
TL;DR:
> $22K in shorts just got nuked. ETH's not done yet. The squeeze is real — and it might only be the beginning.
Get your popcorn. The next$
