Binance is winding down its crypto services across the European Union from July 1, 2026, after failing to secure the license it needs to keep operating in the bloc.

ETH is trading at $1,550, and its liquidation map tells a lopsided story. Across Binance, OKX, and Bybit over the past 180 days, the leverage is almost entirely stacked on the short side, above current price. Below it, there's very little left.

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