Bitcoin & Ethereum Traders Face Liquidation Risk Amidst Rising Leverage

Recent data reveals that leveraged traders in both bitcoin and ethereum have experienced significant losses, driven by market volatility. Liquidation clusters are forming on exchanges, highlighting key price movements and indicating potential risk for those utilizing leverage. 📈 Ethereum is currently testing the $4,800 level, echoing Bitcoin’s historic surge in 2020. 👀 This parallel pattern raises concerns about a repeat of that rally with ETH potentially reaching $10,000 if history repeats itself. This article delves into these findings and their implications for market behavior and trader strategies.