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Ethereum Whale Loses Nearly $2 Million in Short Position Liquidation as ETH Maintains $1,900 Price Zone

July 4 (Cointime) - The price of ETH remains stable at around $1,900. An Ethereum whale lost almost $2 million in a short position liquidation. Despite a 4% increase in overall value, an Ethereum whale took a short position on ETH, resulting in losses of over $1.88 million.

However, ETH continues to exhibit signs of a bullish market, with a positive funding rate and a persistent uptrend. Short positions have been experiencing higher liquidation values than long positions in the past 24 hours.

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