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TheCoinRepublic

Ethereum Shorts Face $2.25 Billion Liquidation Risk If ETH Price Pushes Above $4,000

Key Insights: Ethereum price briefly managed to push above $4,000 earlier this week but that effort was short-lived, paving the way for capitulation. Closer investigation into the cryptocurrency's demand dynamics revealed weak whale activity, but that might be changing. Ethereum price demonstrated weak demand ever since the crash in the first half of the month. [...]The post Ethereum Shorts Face $2.25 Billion Liquidation Risk If ETH Price Pushes Above $4,000 appeared first on The Coin Republic.

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