<ul><li>Over $50 million in shorts were liquidated as Ethereum broke through a dense liquidity zone at the $2,700 price level, triggering a wave of liquidations.</li><li>Large ETH wallets accumulated 1.4M ETH, indicating growing institutional confidence in Ethereum.</li><li>Following the price surge, more than 144,000 ETH flowed into derivatives exchanges, suggesting the setup of new short strategies.</li><li>Despite recent fluctuations, the increase in institutional interest, active Ethereum addresses, and ETH open interest indicate significant market activity and potential for big moves.</li></ul>

Ethereum Breakout Squeezes Shorts and Stirs Up Big Traders

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