In the second week of August, the total crypto money market value exceeded $ 4 trillion and reached a new summit. With the strengthening of trading trends, the imbalances between long and short positions became more evident. Especially for investors using short -term leverage, some subcoins have serious liquidation risks.
Pay attention to three subcoine
As the scissors between Short and long positions are opened, the effect of fluctuations in the crypto currency market increases. Investors can damage a significant amount if prices act in contrast to their expectations. This increases the risks, especially in decentralized and leverage transactions.
Experts say that the market may tend to change the direction quickly when excessive purchase or sale pressure occurs. In such periods, sudden changes in market sensitivity can lead to greater price movements than foreseen. In particular, if high -consistency positions are forced to liquidate mass, it is stated that more significant retreats may be experienced in subcoins.
Ethereum (ETH): High position risk
Ethereum $4,212.94The one -week liquidation map in ‘shows that there is a significant imbalance between long and short positions. The data reveals that investors use high leverage with the expectation of rise, with ETH’s above $ 4,300. If the ETH price decreases by 7 %to less than $ 4,000, a total risk of liquidation of more than $ 5 billion in long positions will emerge.
On the other hand, if the price increases by 7 %, there is a $ 2 billion risk of liquidation for short positions. Some investors think that liquidity often flows into ETH may not be sustainable, and he points out that there may be a harsh decline if the buyer’s interest is reduced.
“If Ethereum goes down to $ 3,600, more than 7 billion dollars of long -long long positions are liquidated. Liquidity is largely directed to ETH, while in other subcoins, the movement is weak. This shows that Ethereum may be preparing to balance the overall market value.” – Marzell
Ethena (ENA): New actor, high fluctuation
Ethena (ENA) attracted the attention of investors in August and the price rose from $ 0.50 to $ 0.80. Genius Ethena’s stablecoin, which was released at the end of July, reached a market value of $ 10 billion. Investors, while waiting for a short term in ENA, the positions are predominantly on the Long side.
If ENA price falls to $ 0.70 this week, Long position holders can damage more than $ 70 million. On the other hand, the risk for Short positions is considered to be lower. Some analysts stated that ENA can continue to rise in the short term, while warning that there may be profit purchases between $ 0.80–0.90.
XRP: Conversely trend and downward risks
While the rising positions of most short -term investors in the Altco are the prominent, a different picture is seen in the XRP. Ripple last week 
$3.24 The release of 1 billion XRP by, created a possible downward pressure at the price. Technical indicators indicate that sellers may be more effective in the coming days.
As a result of these developments, the XRP’s liquidation map is observed to take more positions with the expectation of decrease in investors. However, in case of a movement that may occur in the XRP price, Short position holders may suffer a significant amount of damage.
Especially if XRP increased by 8 %to $ 3.50, it is stated that the short position of approximately $ 500 million in the market may be liquidated. On the contrary, if XRP decreases by 8 %to $ 3.00, a risk of liquidation of $ 370 million may occur in long positions.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
