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One platform for global traditional assets
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ETH, the densest area on the heatmap is around 2300 to 2350. ETH's rally this time is actually weaker than BTC, but looking at liquidation data, over the past 24 hours ETH's short liquidations are comparable to BTC's, and even exceeded BTC at one point. This suggests that some traders were betting that ETH wouldn't rally and went heavily short, only to get liquidated by the rebound.