The Ether factory suddenly went up, and the heavy-leverage positions that had been on the downfall were concentrated. Market data show that the total amount of encrypted market liquidation over the past day was close to $3 billion, the vast majority of which came from empty space. A long-term empty ETH trader also suffered a serious setback in this round of reverse fluctuations.

More than 90% of the liquidation is empty.

The chain account, pension-usdt.eth, was reported to have lost approximately $490 million in this turn, and the record of 23 consecutive profitable transactions was interrupted. The account had previously received attention for its many successes, and this time at a high cost because of the sudden ETH turn of power.

According to the data quoted in the text, the past 24 hours of the encryption market had affected approximately 172,000 traders, with a total of approximately US$ 29.90 billion in the amount of leverage held in liquidation. Of this amount, approximately $2.74 billion was liquidated at short cost, while some $256.5 million was liquidated at high cost, representing over 91 per cent.

ETH once over $2,300.

Of the main assets, the value of the settlement by the Taifaf was approximately $1.13 billion, after the sum of $1.42 billion in bitcoin. This also reflects the impact of the current ETH boom on derivatives markets in particular.

In terms of price performance, the ETH surged from the bottom of US$ 2000 to a break of US$ 2300 and then returned to the vicinity of about US$ 2250. The rapid upswing is accompanied by a condensation of the amount of the trade, which indicates that the purchase of a plate in a short period of time coincides with the passive recovery.

2125 for short-range observation.

The article mentions that ETH recovered approximately US$ 1875 and US$ 1935 in the course of the rise, and subsequently breached an important long-term line of about US$ 2125. As empty silos touched the line of settlement, the forced silos further magnified the purchase and pushed prices forward.

This loss also shows that the risks of high leverage in a unilateral surge are asymmetric. Even where there have been successive gains, a single loss may quickly swallow up the front-period gains as long as the market suddenly reverses the weight. One of the current market concerns is around $2125.