$7.23B Short Positions at Risk if ETH Hits $4,800
Over $7.2B in Ethereum short positions face liquidation if ETH price reaches $4,800.
- $7.23B in short positions could be wiped out at $4,800 ETH.
- Ethereum’s price surge poses major risk for bearish traders.
- A short squeeze could trigger rapid ETH price movement.
The crypto market is heating up once again, and Ethereum is at the center of it. According to market data, if ETH touches the $4,800 mark, over $7.23 billion worth of short positions could be liquidated. This sets the stage for a potential short squeeze that might send Ethereum’s price even higher.
What Does This Mean for Traders?
Short positions are bets that an asset’s price will drop. When prices rise instead, traders holding shorts are forced to close their positions—often by buying back the asset at a loss. This buying pressure can drive the price up even more.
In this case, Ethereum is approaching a critical level. If bullish momentum continues and ETH reaches $4,800, a massive liquidation wave could kick in. That would mean billions in losses for those betting against the second-largest cryptocurrency, and possibly a new price rally for ETH.
Ethereum’s Growing Strength
Ethereum has been showing strong performance in recent weeks, fueled by institutional interest, positive regulatory outlooks, and increasing network activity. The market is reacting to broader optimism around crypto adoption, and ETH is benefiting directly.
A price target of $4,800 is not far-fetched—especially considering Ethereum’s all-time high sits around that level. The large number of short positions stacked near this price creates a volatile setup. If triggered, this could push ETH into uncharted territory.
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