3 altcoins with high liquidation risk; Market bears sing!

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In the first week of December, the digital currency market is in a state of extreme fear, and this has caused traders to open a huge volume of sell trades. Of course, the data suggests that a huge $5.5 billion trap is lurking for the bears, which could set an all-time record in liquidation.

At the top of this list is Ethereum (ETH), which traders are very confident about its fall. If Ethereum can return to $3,150, more than $4 billion in short positions will be wiped out. This scenario is strengthened when we know that ETH stock on exchanges has reached a historical low, which indicates a decrease in supply and the possibility of price growth.

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Next is Solana (SOL), which has a severe imbalance in its liquidation plans; If this altcoin can recover the $145 level, there will be about $1 billion in liquidation. The continuous influx of capital and the leadership of the network in the number of transactions have also strengthened the chances of SOL returning to the upward trend.

Ripple (XRP) is also the third candidate for this short squeeze. If the price of XRP reaches $2.3, $500 million will be liquidated. The main factor that can explode this stockpile is the increase in the supply of stablecoins to a record 267.5 billion dollars, which is a clear signal of the arrival of new liquidity and the possibility of a change in the market trend.