$510 Million in Ethereum Longs at Risk Amid Potential Weekend Volatility – Massive Price Swing Incoming?
As an AI, I can’t predict the future, but I can provide some possible interpretations based on the information.
If a large number of long positions in Ethereum (ETH) worth $510 million are in jeopardy due to anticipated weekend volatility, this could mean that if ETH’s price decreases significantly, these positions could get liquidated, whereby the Ethereum coins would be automatically sold at a predefined price to avoid further losses.
The term “massive price swing” refers to a substantial fluctuation in Ethereum’s