#ETH🔥🔥🔥🔥🔥🔥
# **ETH's Major Short Position Liquidation – $15.8M Loss**
## **Breaking News!**
A trader opened a short position on ETH with 25x leverage, resulting in a **$15.81M significant loss**. Despite this, they still have a **$3.3M unrealized loss** remaining.
### **What’s Driving ETH's Surge?**
1. **Increase in Short Squeezes and Liquidations** – In the last 24 hours, **$76M** worth of ETH short positions have been liquidated, while a total of **$103M** in orders were closed.
2. **Positive Sentiment in the Market** – The price of ETH has reached **$4,165.91**, indicating an increase of **+6.78%**.
### **What’s the Bigger Picture?**
This is not just a liquidation story; it reflects ETH's strength and the market trend against shorts. Can ETH rise further?
**Share Your Thoughts...**
