$ETH
ETHUSDT
Perp
2,936.91
-0.25%
LONG LIQUIDATION ALERT
A leveraged Ethereum long position has just been force-closed, reminding traders once again that the market shows no mercy to overconfidence.
Asset: Ethereum (ETH)
Position Type: Long
Liquidation Amount: 23,975 USD
Liquidation Price: 2,909.24 USD
This was not a sudden crash.
This was a calculated move.
Price hovered near resistance, longs stacked in anticipation of continuation, leverage increased, and stop margins narrowed. One sharp volatility spike was enough to trigger a cascade of forced exits.