🚨 UPDATE: There are over 12X more ETH shorts than ETH longs. https://t.co/A71NGcpekc ...

eth shorts still defending $4.7k. "otc desks completely empty, galaxy moved $80m yesterday, sharplink deployed $600m this week alone."laughing: "and somehow... $1.3b in liquidations just sitting there waiting..." ...

JUST IN: $40,000,000 worth of $ETH shorts liquidated in the past 60 minutes. https://t.co/G7gFKLrua5 ...

JUST IN: $110,000,000 worth of $ETH shorts liquidated in the past 60 minutes. ...

Market Sentiment - The market shows a positive sentiment towards ETH, indicated by the "smoking" of ETH shorts [1] - The market suggests avoiding short positions against BTC and ETH [1] Investment Advice - The market advises against betting against BTC and ETH [1] - The market warns of potential losses for those shorting BTC and ETH [1]