Ethereum’s surge past the $4,000 mark triggered a massive $110 million short liquidation in just 60 minutes. Traders betting on a drop were caught off guard as the sudden rally invalidated bearish positions. The move was driven by strong market sentiment, bullish technical indicators, and rising institutional inflows. This event highlights the high-risk nature of leveraged crypto trading, where sharp price swings can result in rapid gains or significant losses within minutes. Caution remains key in such volatile markets.
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