The NY session open doesn't seem to be winning over Asian traders either. We're seeing significant long liquidation cascades unfolding across the board. ETH short positions are capturing gains as this wave of forced selling intensifies.

ETH-4.27%
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GasFeeCryvip
· 21h ago
They're starting to dump again; Asia can't escape either.
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RektButSmilingvip
· 12-16 00:02
It's the same old trick... Longs are being wiped out one after another. Now they can't even manage the New York session. Maybe it's time for ETH short-term longs to eat some meat.
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WalletManagervip
· 12-16 00:02
The liquidation waterfall is coming again. This time, Asia couldn't hold up either? Hold tight to your private keys, don't get wiped out.
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OnChainDetectivevip
· 12-16 00:02
Whales are causing trouble again... I bet this dump during Asian hours is institutional accumulation.
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BoredApeResistancevip
· 12-16 00:01
Opening in New York can't save it either; over here in Asia, we're still seeing liquidations... With such heavy selling pressure, no wonder the short positions are taking off.
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GweiObservervip
· 12-15 23:57
Here we go again, the New York open this time still didn't attract Asian traders, and the bulls exploded directly...
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ZeroRushCaptainvip
· 12-15 23:44
New York opens with a direct sell-off, and Asian brothers are not convinced either. I’ve seen through this wave of forced liquidations — it’s another time when my contrarian indicator is kicking in.
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