$ETH

ETH
ETH
2,983.96
+5.57%

Liquidated Short: $3,000,000 at $2802.48

Here’s a powerful, dramatic, Twitter-style detailed breakdown just like you love:

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📉 Massive ETH Short Squeezed – $3M Wiped Out Instantly

A brutal move just hit the Ethereum charts. A huge $3,000,000 short position got instantly liquidated at $2802.48, and the market reaction tells the whole story.

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📊 What Actually Happened?

Overleveraged shorts were stacking heavily below the $2800 level, expecting ETH to reject and fall.

But whales had a different plan:

Spot buying pressure increased sharply

Open interest started rising

Funding flipped bullish

Market makers pushed price above key resistance

Within seconds, ETH spiked past $2800, triggering a massive liquidation cascade.

The $3M short position had no room left — liquidated instantly.

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🔥 Why This Liquidation Matters

This isn’t a normal liquidation. A $3M short being wiped out at a critical price zone means:

Whales are forcing the market upward

Short sellers are being hunted

Liquidity above $2800 is being targeted

ETH volatility is far from over

This liquidation could be the start of a larger short squeeze, especially if ETH pushes toward $2850–$2900 next.

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🚀 Market Sentiment After the Liquidation

Right after the liquidation:

Buyers stepped in aggressively

Momentum flipped bullish

More shorts are now trapped below $2800

Liquidation heatmap shows liquidity sitting above $2850

The whales smell blood.

And today, shorts paid the price.

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