A long position worth $1.1678K has been liquidated at $4373.63. This signals heavy pressure on leveraged long traders as ETH dipped to this level. Such liquidations often trigger increased volatility, potentially paving the way for sharper market moves. Traders should stay alert for possible price rebounds or further downside liquidity sweeps.
A long position of $2.5355K has been liquidated at $0.28. This reflects intense selling pressure that forced leveraged traders out of their positions. Such liquidations can spark short-term volatility, shaking out weak hands while setting up opportunities for sharp price reversals or further downside liquidity hunts.