ETH Liquidates Short Positions as Price Climbs Above $4,259

I observed that ETH has been liquidated from a short position, losing $25,400 at a price of $4,259.10. This indicates that the bearish traders were forced to exit their positions as the market moved against them, potentially signaling a shift in market sentiment or a bounce back in ETH's price. Such liquidations often lead to short-term price recoveries, especially if most of the short positions are wiped out.