If Ethereum’s price reaches $4,000, nearly $1 billion worth of short positions are set to be liquidated on major exchanges. Recent data shows this price level represents a critical threshold, and a surge past $4,000 could trigger mass liquidations, potentially fueling further price momentum. Analysts note that the unfolding short squeeze highlights strong bullish sentiment in the market, with Ether’s ongoing rally putting significant pressure on traders betting against its rise.
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