Markets· ★★★· neutral·

Ethereum Holds Near $2,700 With $414.1M in Longs Sitting in Liquidation Zones

  • —ETH trades at $2,699.33, down 0.1% on the day
  • —$414.1M in longs vs $640.6M in shorts sit in liquidation zones
  • —$148.3M liquidated in 24 hours: $76.1M longs and $72.2M shorts
  • —ETH futures open interest stands at about $33.9 billion
Why it matters: The larger pool of shorts above the price could fuel a sharper rally on an upside break, while continued spot ETF outflows keep the more conservative side of the market cautious.
#ETH
Source: Crypto Briefing
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