🚨💥 $8 BILLION in ETH shorts are ripe for liquidation once Ethereum hits new all-time highs! 📈💸 It's not a question of if, but when! 🔥 The squeeze could lead to a massive price surge, leaving short sellers scrambling to cover their positions. 💸🚀

Key Points:

Record Short Positions: Ethereum's leveraged short positions on the Chicago Mercantile Exchange (CME) have reached an all-time high, indicating strong bearish sentiment.

- Potential Liquidation: If ETH price surges unexpectedly, these short positions could face massive liquidation, adding to the upward pressure.

- Bullish Predictions: Analysts predict ETH could reach $5,000-$7,000 in the near future, driven by increased demand from ETFs and network activity.

- On-Chain Signals: Ethereum's realized price upper band is at $5,200, matching levels seen during the 2021 bull run peak ¹.

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