Ethereum Bets See Unusually High $400M Liquidations as Some Now Target $10K ETH

In a notable development within the cryptocurrency market, Ethereum-related bets have experienced an unusually high level of liquidations amounting to $400 million. This surge in liquidations has prompted some investors to set ambitious targets, with certain traders now speculating that the price of Ethereum could reach an impressive $10,000 per coin in the near future. This optimism highlights the volatile nature of the market and the varying strategies that traders are employing as they navigate these dynamic conditions. source: https://www.coindesk.com/markets/2025/08/23/ethereum-bets-see-unusually-high-usd400m-liquidations-as-some-now-target-usd10k-eth