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Over 90% of ETH holders are in profit but doubts linger over 4,000 USD level

Profit information: According to data from Coinglass, approximately 1.43 billion USD in short positions could be liquidated if ETH reaches 4,000 USD.

ETH trading situation: ETH is currently trading close to 3,582 USD, with a price range from 2,223 USD to 4,066 USD following the ETF launch. This launch is reminiscent of Bitcoin’s price trend.

Investor sentiment: Although the funding rate for ETH is rising, it remains lower than when ETH reached a peak of 4,900 USD.

This is community-generated content, not advice from ONUS.
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