An Ethereum trader made $4.93 million profit in five days by skillfully trading both short and long positions with 20x leverage. Despite the large $29.3 million short bet on 17,000 ETH, this is unlikely to directly impact ETH's price. However, the high leverage could cause a short squeeze if ETH's price rises, potentially accelerating upward movement. Currently, ETH trades around $1,718 with signs of market stabilization and reduced liquidation pressure, suggesting a possible recovery if bullish trends continue amid ongoing market volatility.
Ethereum (ETH) surged nearly 9% to surpass $1,800 following news of a US-Iran peace deal that could ease geopolitical tensions and boost market confidence. This rally triggered a significant short squeeze, with over $450 million in short positions li...
Ethereum is nearing a historic moment as it risks closing a third consecutive quarter in the red for the first time ever, currently down 18.4% this quarter. Despite recent declines, Ethereum has a window before the quarter ends to recover, supported ...
A cryptocurrency trader known as 0xa2e8 earned $4.93 million in five days by successfully trading Ethereum with a 90% win rate across 10 trades. Despite these gains, the trader currently holds a highly leveraged short position worth about $29.32 mill...
About $150 million in crypto short positions were liquidated as Bitcoin surged past $65,000 following the US-Iran peace agreement, which eased geopolitical tensions and boosted risk appetite. The peace deal announcement triggered a short squeeze, for...
Ethereum is trading between a major long-term support zone around $1,070 and a significant whale sell wall near $2,500. Analysts highlight the $1,070 level as a historically strong support and potential buying opportunity if the price revisits it. Me...
