🚨 ETH is facing the biggest "ticking time bomb" in many years
The first image shows that if the price drops to 3777, it will be liquidated at 7.5B$=> This means that the Wall Street institutions' short positions will yield a lot💰. These short positions are the highest in the past 3 years.
However, if this level breaks the ATH at $5000, it is expected to be liquidated at 8B$. It is possible that these institutions will also receive "mail".
🚨A small reminder about Michael Burry's "The Big Short" is that just because you short alongside large institutions does not mean you will make money, so anyone shorting should be careful with capital management.
