Ethereum’s Wild Ride: 98% in Profit, But Will It Last? đđ°

The recent price surge has unleashed a torrent of liquidations, a spectacle as grand as a Bulgakovian carnival. đȘ© Coinglass, that ever-watchful oracle, reports $252.5 million in ETH positions liquidated in a mere 24 hours. Longs weep, shorts rejoice-a drama fit for the stages of Moscow! đ Among the carnage, $58 million from longs and nearly $194 million from shorts have bitten the dust. Meanwhile, open interest in ETH futures has swelled to $61 billion, though in true crypto fashion, itâs mostly smoke and mirrors, with actual ETH interest still lagging behind its July peak. đ§âïž






