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![zerohedge Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::18856867.png) zerohedge [@zerohedge](/creator/twitter/zerohedge) on x 2.2M followers
Created: 2025-07-18 05:59:48 UTC

$190MM in ETH shorts liquidated in past XX hours. But... but... it's all just a basis trade

![](https://pbs.twimg.com/media/GwHkQBgWwAAU-li.jpg)

XXXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946087488977764589/c:line.svg)

**Related Topics**
[allin](/topic/allin)
[$190mm](/topic/$190mm)
[zerohedge](/topic/zerohedge)
[ethereum](/topic/ethereum)
[coins layer 1](/topic/coins-layer-1)

[Post Link](https://x.com/zerohedge/status/1946087488977764589)