$ETH
Ethereum (ETH) worth $25,500 was liquidated at a price of $2,658.46.
Here’s a quick breakdown:
Short position: The trader was betting that ETH's price would go down.
Liquidation: ETH's price rose instead, hitting $2,658.46, which triggered automatic closure of the trade due to insufficient margin to cover losses.
$25.5K: The notional value of the position—likely leveraging a smaller amount of actual capital.
This type of liquidation is typically visible on platforms like Coin glass or Whale Alert and can signal bullish momentum, especially if many shorts are being liquidated in a short time frame.
Let me know if you’d like help analyzing liquidation trends or ETH price movements.
