Ethereum Surge Could Liquidate Almost 1 Billion Dollars in Short Positions
Market tension grows as Ethereum continues its bull run, aiming for a $4,000 price tag. If Ethereum reaches this threshold, over $835 million in short positions may face liquidation. The current atmosphere surrounding Ethereum is electric, with traders closely monitoring its movements. The other side of this surge presents risks to those betting against it. As the second-largest cryptocurrency shapes its future, many eyes are focusing on how it will impact the broader cryptocurrency landscape. Will this surge continue, or will it meet resistance at critical levels?
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