sell

ETH Long Liquidated — $221K Notional Hit at $4,741

I had a long position in Ethereum (ETH) liquidated at an average price of $4,741.25, wiping out a notional $221,132 position.

The liquidation appears to have been driven by trading bots (bpay_group), creating sharp downside pressure and increased volatility around that level.

I will stay cautious and avoid re-entering longs until ETH shows clear stabilization and reliable support below the liquidation zone.

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Analysis

The large long liquidation indicates immediate bearish momentum and likely amplified volatility from algorithmic selling. This event removed buy-side liquidity near $4,741 and increases the chance of ...

Recommendation

Reduce exposure and avoid initiating new long positions; wait for confirmed support and lower volatility before rebuilding longs, or use tight stops if trading the volatility.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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