🚨 Someone just placed a massive leveraged bet against $ETH... and it's hanging by a thread.
A whale is sitting on an approximately $2.46 million ETH short using 25× leverage, with the liquidation price now uncomfortably close.
That means it wouldn't take a huge move higher to trigger a forced liquidation.
When positions this large get squeezed, volatility can accelerate fast as liquidations fuel even more buying pressure. On the other hand, if sellers defend the level, the short could stay alive and keep pressure on price.
👀 The next few moves in $ETH could b
#DailyOrbit