The post Ethereum Breakout Squeezes Shorts and Stirs Up Big Traders appeared on BitcoinEthereumNews.com.

Over $50 million in shorts were liquidated after Ethereum broke through a dense liquidity zone. Large ETH wallets accumulated 1.4M ETH, hinting at growing institutional confidence. Something interesting has happened in the Ethereum market lately. At the $2,700 price level, long considered a “fortress” by many short traders, ETH suddenly exploded upwards, breaking through the level and immediately triggering a wave of liquidations. A Price Surge That Flipped the Game in Seconds According to analyst Amr Taha of CryptoQuant, on Binance, over $50 million in short positions were wiped out in an instant. Imagine if you had just placed a short position at $2,690 with a confident smile, then… BAM! ETH broke through $2,700, and the screen went red. This movement is not just about the price going up. When ETH hit $2,700, the liquidation delta chart showed a sharp spike. It turns out that this point is not just any resistance, the heatmap shows the area as a zone of dense liquidity, a place where many traders gather and an easy target for a short squeeze. Source: CryptoQuant Ethereum Flows, Whale Moves, and a Shift in Market Sentiment Well, after the breakout moment, more than 144,000 ETH immediately flowed into the derivatives exchange. This kind of movement usually indicates one thing: people are starting to set up new strategies, most likely short. Logically, many suspect that the previous spike will soon be corrected. On the other hand, according to data as of May 20, 2025, large wallets holding between 10,000 and 100,000 ETH have actually increased their stocks. No half measures, more than 1.4 million ETH have been stored since mid-April to mid-May. It’s like seeing your neighbor buy a truckload of wheat when the price is high. Makes you think, do they know what we don’t? Furthermore, a…

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Filed under: News - @ May 25, 2025 11:20 am