Ether’s Leverage Boom Teeters on the Brink—Matrixport Sounds the Alarm
Ethereum's bull run—fueled by reckless leverage—is flashing red. Matrixport's analysts spot cracks in the foundation as overextended positions threaten to unravel the rally.
### The Leverage Trap
Too much borrowed money propped up ETH's recent highs. Now, the house of cards wobbles as liquidations loom. Classic crypto—building skyscrapers on sand since 2009.
### Blood in the Water?
Whales smell weakness. A cascade of margin calls could turn this correction into a full-blown flush. Remember: in crypto, 'risk management' is just something VCs say during funding rounds.
### Silver Lining Playbook
If ETH holds $3K? Shorts get squeezed harder than a Wall Streeter explaining why they 'totally saw the crash coming.' Buckle up.