Ethereum Short Liquidated — Short Squeeze Could Push Price Higher
I saw a large ETH short position get liquidated around an average price of $4,750.71, totaling about $147,129, executed by bots from @bpay_group.
This forced liquidation looks like short-covering that can create near-term upward momentum, though the move needs follow-through volume to sustain it.
I’m cautiously bullish: this is a positive signal for Ethereum in the short term, but I’ll wait for confirmation before committing significant size.
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