2026-01-11 10:34:25

Significant liquidation wave hitting the ETH market as high leverage long positions get wiped out. The scale is substantial: we're seeing roughly $2.38 billion in remaining leveraged longs at current levels. This kind of deleveraging typically signals shifting market sentiment and increased volatility across the trading landscape. Traders holding extended positions should stay alert to further price swings ahead.

ETH1,08%

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DaoDeveloper

· 4h ago

the liquidation cascade here is textbook game-theoretic failure - once you cross that sentiment threshold, the smart contract mechanics just accelerate the unwind. $2.38B still sitting there feels like a powder keg tbh

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SerumDegen

· 13h ago

here we go again... $2.38B longs getting cascade wiped, and everyone's acting surprised lmao. watched this exact pattern play out like three times already, never learns does it

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FlatlineTrader