$11.6 Billion in Ethereum Shorts Set for Liquidation at New ATH
A significant volume of ETH short positions is expected to be liquidated once prices reach a new all-time high, signaling potential market volatility.
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Terms & Concepts
- Short Position: A trading strategy where an investor borrows an asset to sell it, expecting its price to fall, aiming to buy it back later at a lower price.
- Liquidation: The forced closure of a trader’s position, often occurring when market movements cause losses that exceed the margin held.
- All-Time High (ATH): The highest price level ever reached by an asset in its trading history.