3 Altcoins That Could Trigger a Liquidation Record in the First Week of December

Market Sentiment - Market sentiment shifted into extreme fear on December 1, with short positions dominating the derivatives market [1] - Major altcoins are showing severe imbalances in their liquidation maps, potentially triggering new records in liquidations [1] Ethereum (ETH) - ETH's 7-day liquidation map indicates that cumulative liquidation volume from short positions significantly outweighs that of long positions, suggesting aggressive shorting by traders [2] - If ETH rebounds to $3,150 this week, cumulative short liquidations could exceed $4 billion [2] - On-chain data shows that ETH supply on exchanges has dropped to an all-time low of 16.6 million ETH, with an accelerated trend of withdrawals despite price declines [3] - Investor predictions suggest that with ETH exchange reserves at record lows, Ethereum may lead the next market leg up, as ongoing accumulation could amplify scarcity and weaken selling pressure [4] Solana (SOL) - SOL also exhibits a clear imbalance in its liquidation map, with traders actively shorting SOL in early December [5] - If SOL rebounds to $145 this week, cumulative short liquidations could surpass $1 billion [5] - On-chain indicators for SOL are showing positive signals, with Solana leading in transaction count and prediction markets expecting a price range of $150–$200 in December [6] - US-based SOL ETFs have experienced five consecutive weeks of inflows, indicating investor interest [6]