Large $248K ETH Long Liquidation at $4,526 — Short-Term Caution

I observed a $248,000 Ethereum long get liquidated at $4,526.45, which highlights notable selling pressure and a stop-run through that price area.

This size of liquidation can amplify short-term volatility and trigger additional stops as algos and leveraged positions unwind; trading around this level will likely be choppy until orderflow calms.

I will be watching price action, funding rates and volume closely—if ETH fails to reclaim the level with supportive volume, further downside is more likely; a clean reclaim could instead produce a short-covering bounce.