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2025-02-06
13:17
Ethereum's Overleveraged Traders Face Liquidation as Market Signals Potential Upswing

According to Crypto Rover, a significant number of overleveraged Ethereum traders have been liquidated, indicating that the market may have reached a bottom. This suggests potential upward momentum for Ethereum prices. The liquidation of overleveraged positions often signifies a reduction in selling pressure, potentially paving the way for a bullish trend. Crypto Rover's analysis points to a shift in market dynamics, favoring upward movement.

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