Ethereum Nears ATH — $1.23B Short Liquidation at Risk
I'm seeing that Ethereum is only 5.14% away from its all-time high, a tight margin that keeps the market on edge. If ETH does push up to its ATH, I estimate the short liquidation pressure could hit 1.23 billion, which would likely trigger a significant short squeeze.
This proximity to the ATH makes Ethereum a focal point for leveraged traders and derivatives-driven volatility. I'm watching how options and futures positioning could amplify moves as price approaches that critical level.
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