Summary
- An analysis indicated that if Ethereum (ETH) surpasses its all-time high, short (sell) positions worth $1.6 billion would be liquidated.
- According to Binance, Ethereum's all-time high is $4,868.
- Currently, Ethereum is trading at $4,675, up 6.98% from 24 hours ago.
An analysis has emerged that if Ethereum (ETH) surpasses its all-time high (ATH), short (sell) positions worth $1.6 billion will be liquidated. According to Binance, Ethereum's all-time high is $4,868.
On the 13th (local time), cryptocurrency analyst Lark Davis stated on X (formerly Twitter), "If Ethereum breaks its all-time high, around $1.66 billion (₩2,287.6 billion) in short positions will be liquidated."
As of 11:28 PM, Ethereum is trading at $4,675 on the Binance USDT market, up 6.98% from 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
