$510 Million Worth of Ethereum Long Positions Vulnerable to Weekend Volatility – Anticipating a Major Price Swing?

The amalgamation of potential volatility during the weekend and the prevailing uncertainty in regulations regarding spot Ethereum ETFs is generating a heightened sense of unease for investors in Ethereum. With more than $500 million in long positions hanging in the balance, this upcoming weekend has the potential to be a pivotal moment for both Ethereum investors and the broader altcoin market.