Ethereum
ETH Short Sellers Get Squeezed as $238 Million in Positions Are Liquidated
Crypto Daily·November 5, 2026·1 min read
Ether jumped after a post-election sell-off, liquidating $238 million in positions, squeezing short sellers. ETH now sits on its 50-day average, with resistance near $2,560. The move reflects a sharp reversal in sentiment, as leveraged traders were caught off guard by the price surge.
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