The Ether Short Massacre: 6 Scenes From a $105M Crypto Bloodbath

Scene 1: The Breakthrough
On Friday, Ether broke past $4,000 for the first time in eight months, igniting a wave of liquidations that shook the crypto market. Prices spiked as high as $4,060 before cooling near $4,015.

Scene 2: The $105 Million Wipeout
Data from CoinGlass showed $105 million worth of Ether short positions were obliterated in 24 hours, making up more than half of all crypto shorts liquidated that day.

Scene 3: The Presidential Taunt
Eric Trump, son of US President Donald Trump, poured salt on the wound for bearish traders. “It puts a smile on my face to see ETH shorts get smoked today. Stop betting against BTC and ETH — you will be run over,” he posted on X.

Scene 4: The Ticking Price Bomb
Trader Ash Crypto warned that $4,100 is the “major resistance” to watch. A breakout could spark a short squeeze and push Ether to $4,400–$4,500 within hours.

Scene 5: The Institutional Surge
Investor confidence is swelling as spot Ether ETFs drew $537 million in inflows over four trading days, according to Farside data. Trader Ted said he has “never been this bullish.”

Scene 6: The Moonshot Bets
Forecasts are getting bolder. Trader Moustache predicted $10,000+, while Fundstrat co-founder Tom Lee said Ether could be having its “Bitcoin 2017 moment” and might reach $16,000.

Friday’s surge not only humbled bearish traders but also reignited bullish momentum for the world’s second-largest cryptocurrency. Whether Ether smashes through $4,100 or stalls at resistance, the market is bracing for its next explosive move — and this time, the bulls are holding the microphone