ETHUSD Liquidation Risk Hits $1.08 Billion Amid Strong Ether ETF Inflows
The cryptocurrency market is bracing for potential liquidation risks in ETHUSD, with Coinglass showing that about $1.08 billion in long positions could be at risk if the price drops below $2,353.
Conversely, there are approximately $568 million in short positions that could be impacted if the price rises above $2,587.
In other news, Ether ETFs have seen their 11th consecutive inflow of funds, adding around $88 million to bring the total to about $1.6 billion.