The seven-day liquidation map for Ethereum (ETH) shows that many traders are allocating capital and leverage to short positions, betting on continued downside through the end of the month. As a result, cumulative potential liquidations on the short side now dominate. If ETH unexpectedly rebounds to $2,000 this week, short positions could face up to $2 billion in liquidations. If ETH climbs further to $2,160, short liquidations could reach $3.6 billion.
If BNB climbs to $640 this week, potential short liquidations could reach $35 million. A further rally to $680 could push short liquidations above $60 million.
Bitcoin Cash stands out as one of the few altcoins that has not behaved as if it were in a broader crypto bear market. Nevertheless, short-term traders have turned increasingly bearish on BCH in the final week of February. Their positioning has pushed potential short liquidations well above those on the long side. A move toward $630 this week could trigger up to $45 million in short liquidations.
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