Ethereum falls 6%, leaving $1.35 billion in long bets at risk of liquidation
Ethereum’s slide toward $2,500 has put about $1.35 billion of leveraged long positions at increasing risk of liquidation. CoinMarketCap data showed roughly $1.35 billion of ETH long exposure sat at liquidation levels below the prevailing price, compared with about $999.78 million of shorts vulnerable above it. The figures represent positions exposed across a range of […] The post Ethereum falls 6%, leaving $1.35 billion in long bets at risk of liquidation appeared first on CryptoSlate.
Key Takeaways
- Ethereum’s slide toward $2,500 has put about $1.35 billion of leveraged long positions at increasing risk of liquidation.
- CoinMarketCap data showed roughly $1.35 billion of ETH long exposure sat at liquidation levels below the prevailing price, compared with about $999.78 million of shorts vulnerable above it.
- The figures represent positions exposed across a range of […] The post Ethereum falls 6%, leaving $1.35 billion in long bets at risk of liquidation appeared first on CryptoSlate.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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