🔥 Major ETH Liquidation Events
🟢 June 6–7, 2025 — ~$310 million liquidated across 2 days
$310 million .
🔄 May 11, 2025 — ETH liquidations outpace BTC
$180 million **$ ** and **$ ** **$ ** .
🟢 May 9, 2025 — $430 million short squeeze
**$ ** $ .
📊 Quantitative Snapshot
Estimated **$ ** .
April 2025:
**$ ** and **$ ** liquidated .
A **$ ** $1,736—$ $19M shorts .
🧭 Interpretation & Outlook
$1,736
Leverage & open interest have rebounded – with ETH’s open interest recovering above $12 billion during recent rallies .
✅ Quick Summary Table
Period & Price ActionLongs DiscussedShorts DiscussedTotal LiquidationJun 6–7, 2025 (flat/dip)Part of $310 M in 2 daysPart of $310 M in 2 days≈$310 MMay 11, 2025 (relative calm)$99.9 M$79.9 M$180 MMay 9, 2025 (sharp rally)n/a$430 M$430 MApril 21–22, 2025 rally$60 M$42.3 M$102.3 MApril 30, 2025 sharp dip$48 M$19 M$67 M
🧐 Real-Time Monitoring
For live insights into ETH liquidations:
Coinalyze: shows $16 million liquidated in 24 h .
Coinglass: offers heatmaps, long/short breakdowns, OI/funding rates .
💡 Key Takeaways for Traders
ETH has been more prone to rapid liquidation spikes than BTC during big moves.
Upside moves typically flush out short positions, while downsides hit longs heavily.
Keep an eye on:
Open Interest (OI) trends—risks increase with inflow to leveraged ETH futures.
Funding rates—extreme positive rates signal crowded longs (risk of downturn squeeze), while negative rates indicate weak momentum.
Price reaction at key zones—like $2,400–$2,600, where liquidation clusters often form .
Would you like a live liquidation heatmap or deep dive into exchange‑specific stats (e.g. Binance, Bybit), funding trends, or **useable entry/exi
