Ethereum Bets See Unusually High $400M Liquidations as Some Now Target $10K ETH

Massive liquidations rock Ethereum markets as traders get caught on the wrong side of volatility.

The $400M Purge

Leveraged positions got absolutely crushed—forcing one of the largest single-day liquidation events in recent memory. Bulls got overextended, bears pounced, and the market did what it always does: separated the disciplined from the desperate.

$10K ETH Targets Emerge

Despite the bloodbath, some analysts double down on ambitious price predictions. They point to institutional adoption and network upgrades as fundamental drivers that could push ETH to five digits. Because nothing says 'sound investment strategy' like ignoring a $400 million warning sign.

Market shrugs off the carnage—because in crypto, today's catastrophe is tomorrow's buying opportunity.