According to AltcoinGordon on Twitter, $2.16 billion worth of Ethereum (ETH) short positions will be liquidated if ETH reaches the $3,000 price level (source: AltcoinGordon, Twitter, June 10, 2025). This large-scale liquidation could trigger rapid price movements and increased volatility, providing a significant opportunity for traders to watch for breakout momentum and potential short squeezes. Crypto market participants should closely monitor ETH price action and related derivatives data as the $3,000 threshold approaches, as substantial liquidations can influence spot and futures market dynamics.