/
Ethereum compresses below $2,400 as whales add 140K ETH
May 5, 2026
< 1 min read
by Micah Abiodun
for CryptoPolitan
Share:
AI Overview
ETH trading in a narrow range, but derivatives positioning hides risk: roughly $874M of long positions would be liquidated below $2,206 while ~$403M of shorts would be liquidated above $2,412. 24‑hour forced liquidations totaled about $33M and the realized liquidation flow skewed bullish (more shorts were removed), reflecting recent short squeezes. Takeaway: crypto derivatives exposure creates asymmetric downside risk and potential for renewed volatility, with implications for CEX/DEX traders and DeFi protocols.
Bearish
Predictions Markets
See what traders are focused on
Ethereum is trading in a narrow range, but derivatives positioning suggests the market is far from calm underneath. CoinGlass data shows roughly $874 million in long positions face liquidation below $2,206, while $403 million in shorts face liquidation above $2,412. The 24-hour realized liquidation picture skews bullish. Total forced closures reached approximately $33 million, with...
In This News
Coins
$ 1.99K
-1.57%
$ 1.99K
-1.67%Predictions Markets
See what traders are focused on
Share:
In This News
Coins
$ 1.99K
-1.57%$ 1.99K
-1.67%Predictions Markets
See what traders are focused on
Share: