Ethereum

The Ethereum (ETH) liquidation heatmap showed key trends in liquidation activity. The data was taken during October 9-15, as Ethereum’s price fluctuated during the week. The <a href="https://www.coingecko.com/en/coins/ethereum" rel="noopener noreferrer nofollow">price </a>ranged from $2251 to $2745, with liquidation pressure at certain levels. Notably, this data shows how traders with leveraged positions were impacted by market movements.Price Movements and Liquidation LevelsBetween October 9 and 12, Ethereum&#39;s price remained mostly stable, staying between $2300 and $2500. There were some fluctuations, but liquidation activity was higher at lower prices and these were highlighted by yellow bands at $2400 level. Interestingly, on October 11, ETH hovered between $2400 and $2500, slowing liquidation activity.Related: <a href="https://cryptotale.org/monochrome-to-launch-first-ethereum-etf-on-cboe-australia/" rel="noopener noreferrer nofollow">https://cryptotale.org/monochrome-to-launch-first-ethereum-etf-on-cboe-australia/</a>However, on October 13, the price of ETH increased and moved above $2600, triggering more activity. The yellow and green bands in the heatmap, between $2600 and $2700, indicated high liquidation volume, implying that many short positions were closed as prices rose. The data highlights the price range as a key point for liquidations during the latter part of the week.<a href="https://cryptotale.org/eth-sees-increased-liquidations-as-price-rises-above-2600/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

ETH Sees Increased Liquidations as Price Rises Above $2600

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