Editor's PiCK

"Ethereum, 8 trillion dollar liquidation if it reaches 4000 dollars"

Source
Son Min

Summary

  • "It was reported that Ethereum (ETH) will trigger a liquidation of 8 trillion dollars if it reaches 4000 dollars."
  • A hypothetical asset analyst stated that "if Ethereum reaches 4000 dollars, a large-scale short position will be liquidated."
  • The scale of the liquidation is said to be approximately 8 trillion 3500 billion dollars (about 1 trillion 1650 billion won).

Ethereum (ETH) is expected to trigger a liquidation of 8 trillion dollars if it reaches 4000 dollars. On the 28th (local time), a hypothetical asset analyst stated through X that "if Ethereum reaches 4000 dollars, a large-scale short position will be liquidated," adding that "the scale is approximately 8 trillion 3500 billion dollars (about 1 trillion 1650 billion won)."

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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