🚨 $ETH SHORT LIQUIDATION ALERT 🚨
🟢 $ETH Liquidated Short: $557,000
💥 Price Level: $2,622.15
📉 Someone just got REKT trying to short Ethereum!
In a high-stakes move, a bearish trader bet against Ethereum—and lost BIG. Over half a million dollars was wiped out in a blink when ETH surged to $2,622.15, triggering a massive short liquidation worth $557K.
🔥 What does this mean?
A short liquidation happens when a trader bets ETH will drop, but instead, it climbs, forcing their position to close—automatically buying back ETH at a loss.$ETH
This kind of squeeze fuels more upside momentum, turning bearish pressure into bullish firepower.
📊 Market Impact:
Short liquidations often signal strength and can lead to rapid upward moves as more shorts scramble to cover.
Could this be the beginning of a bigger ETH breakout?
🧠 Pro Tip for Traders:
Don't fight the trend. If ETH keeps pushing past resistance levels, we might see an extended rally. Always manage your risk—especially when leverage is involved.
💬 Thoughts? Is Ethereum gearing up for $2,800+? Or is this just a bull trap?