The Ethereum (ETH) market just witnessed a massive āBear Burnā a traderās short position has been closed at a $15.8 million realized loss, with an additional $3.3 million unrealized loss still on the table. This event not only shook the derivatives market but also highlighted a major shift in ETHās momentum.
1. Short Squeeze in Action
Over the past 24 hours, $76 million worth of ETH shorts were liquidated, contributing to $103 million in total crypto liquidations.
Analysts warn: If ETH breaks the $4,000 resistance, an additional $331 million worth of short positions could get liquidatedātriggering another price surge.
2. Institutional Money Flows In
Spot Ethereum ETFs in the U.S. have seen over $9.5 billion in net inflows, with a record $727 million in a single day.
ETH/BTC has also broken above its 200-week EMA, a strong bullish technical signal that historically precedes major rallies.
3. Technical & On-Chain Indicators Align
Futures Open Interest: All-time high at $58 billion.
Glassnode Models: Upside targets up to $4,900.
On-chain Metrics: Network growth, liquidity resets, and profitability ratios match historical ETH rally patterns.
The Bigger Picture
This isnāt just a liquidation headlineāitās a market turning point. Institutional flows, bullish technical structures, and on-chain signals suggest ETH could be gearing up for a major breakout.
š Key takeaway: Leverage can amplify profits, but also losses. While the $15.8M hit is huge, the current ETH setup shows strength that could push prices into a new bullish phase.
š Tags:
#ETH #Ethereum #BearBurn #CryptoNew s #Liquidation #ShortSqueeze #ETHPr ice #ETHBullRun #BinanceSquare #CryptoTra ding #LeverageTrading #CryptoMarkets #ETHUpda te #CryptoInvesting #altcoins