3 Altcoins Facing Major Liquidation Risks in the Final Week of February
Ethereum, BNB, and Bitcoin Cash face significant short liquidation risks this week due to bearish positioning against potential price rebounds.Summary
The final week of February highlights major liquidation risks for several altcoins where short positions dominate. Ethereum (ETH) could see up to $3.6 billion in short liquidations if it hits $2,160, despite positive ETF flows and increased accumulation addresses. Binance Coin (BNB) faces $60 million in potential short liquidations if it rallies to $680, especially as it nears long-term support and shows signs of undervaluation. Bitcoin Cash (BCH) also has high short liquidation risk, with $45 million possible if it reaches $630, even as whales actively accumulate the asset. The article concludes that extremely negative sentiment often sets the stage for short squeezes, urging short sellers to maintain strict risk management.
(Source：BeInCrypto)