Ethereum Bears Could Be Trapped: ETH Liquidation Map Hints at a Major Short Squeeze

08-Jun-2026 CoinPedia
Ethereum Queue Hits 3.4M ETH, 60-Day Wait

The post Ethereum Bears Could Be Trapped: ETH Liquidation Map Hints at a Major Short Squeeze appeared first on Coinpedia Fintech News

Ethereum (ETH) price remains under pressure, trading near $1,685 after extending its recent downtrend and losing nearly 45% from its highs above $3,000. The latest decline has pushed the token toward a crucial long-term support zone around $1500, raising concerns over whether bulls can prevent a deeper correction.  However, derivatives data suggest the market may …

Also read: Kalshi Launches LINK Perps As Regulated U.S. Crypto Derivatives Expand
WHAT'S YOUR OPINION?
Related News