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Short Liquidated: $370K on Ethereum at $4,253.60

I noticed a short on ETH for $370,000 was liquidated at $4,253.60.

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Analysis

The reported liquidation of a $370K short position on Ethereum at $4,253.60 indicates that sellers betting on a decline were forced out at that price level. Large short liquidations like this often re...

Recommendation

Monitor price action around the $4,253.60 level to see if the market sustains gains after the short liquidation. If follow-through buying and increased volume appear, consider initiating a scaled-long...

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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