In the past 24 hours, traders have increased their shorter positions in ETH, while Grayscale Investments withdrew its application for an Ethereum futures ETF. The data shows that Ethereum is currently hovering near the key support level of $3,010, having fallen 1.85% in the past 24 hours.

The liquidation chart shows that traders are more confident that the price will fall in the short term, and if the price pump 3%, the $345 million short position will be liquidated. If it falls 3% to $2,920, the longest position of $237 million will be liquidated.