Short sellers are walking on thin ice right now.

Here's what the numbers say: north of $3 billion in Ethereum shorts could get wiped out if price pushes past the $3,500 mark. That's not pocket change. And Bitcoin? If it climbs above $98K, we're looking at another $5 billion in short positions at serious risk.

These aren't just random figures—they're liquidation zones where leveraged bets turn into forced exits. When shorts get squeezed at this scale, the cascading effect can be brutal. Price breaks resistance, stops trigger, positions close, and suddenly the move accelerates.

Anyone holding short positions near these levels might want to review their risk management. The market doesn't care about opinions when liquidation thresholds get crossed.