Whale Longs
Whale long positions related to CZ’s short squeeze are facing losses of nearly $32 million. The significant losses highlight the volatility present in cryptocurrency trading. Many traders are now closely monitoring Ethereum, particularly its long liquidation price, which currently stands at $2,528. This price point has become a critical threshold for investors as they assess potential market movements. Traders are advised to remain cautious, given the unpredictable nature of the market and recent price fluctuations.
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