Eric Trump Says ETH Shorts ‘Got Smoked’ As Bitcoin, Ethereum Surge

Eric Trump, the son of US President Donald Trump, mocked the rolling merchants on X as the encryption prices jumped on Friday.

Tell nearly 6 million followers of that vision ethereum “Get Smoked” shorts put a smile on his face and warn that anyone shortening bitcoin or ethereum “will be turned on.

At the same time, Bitcoin I paid $ 117,000 and the ritual rises again over $ 4200.

Sparks policy move a new gathering

According to market reports, President Trump’s last executive has helped to raise this step. The request has been linked to the pension account rules and the conversation moved 401 (K) The flows can become more friendly for encryption, which prompted money and merchants to rethink the stakes.

Prices fluctuated quickly, and they found merchants who bet against the gathering under pressure.

It puts a smile on my face to see ETH shorts that are smoked today. Stop bet against BTC and ETH – you will be turned on.

Erictrump August 8, 2025

Reports indicated the heavy purchase from us Part of the Investment Funds circulating And a handful of the locker buyer who hold the ether. The cleansing of the width on the stock exchanges makes it difficult for sellers to keep the price.

The ETHER jump was above $ 4,200 is the first time that it has reached this level since December 2024, and the market players said it helped raise a wave of short coverage that enlarges the gains.

The pants took the biggest burden

Based on trading summaries, about $ 208 million of ETHEREUM sites was filtered in a 24 -hour window, which constitutes more than 56 % of about 370 million dollars that were wiped from the futures market during that period.

Among the ether losses, about $ 184 million came from short positions and $ 24 million from Longs. The flood of forced exits pushed the apostasy to be more clear than expected.

Eric Trump’s post added fuel to the social side of this step. It was frank about buying every fierce retreat, and his message was one of the elaboration as the bears were pressed.

Traders watching the tape said that the mix of policy headlines and ETF and Heat for social media has created the ideal preparation for fast and volatile movements.

Analysts provide different paths significantly

Analysts are divided over the height of the ether if the momentum continues. Some put up a bullish scenario of about $ 16,000 by the end of the year under favorable conditions.

Other market voices have drawn more aggressive paths, as an analyst indicates an increase of seven times nearly $ 25,000 in extremist condition.

These calls sit next to more caution. This warning can be reflected in the ride at the same speed.

Eric Trump believes that those who bet on bitcoin and Ethereum may face heavy losses, adding a social heat to a gathering driven by political movements and ETF flows.

Distinctive photo of Pexels, tradingView graph

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