US EditionCrypto Market Sees $600M Liquidations as Ethereum Leads Retreat
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Crypto Market Sees $600M Liquidations as Ethereum Leads Retreat
The cryptocurrency market has witnessed a significant retracement in the last 24 hours, leading to a substantial long squeeze on derivatives exchanges. According to data from CoinGlass, this sharp price action has resulted in liquidations nearing $600 million, with Bitcoin and Ethereum being the most affected. Liquidations occur when a contract accumulates losses beyond a certain threshold… Source
Ethereum (ETH) operates in USD $2,915,52 with a daily drop of 6.69%, on a day where the price is trapped below key moving averages and with a narrow intraday range that suggests compression of volatility after shaking. Regression comes at close volume to its monthly average, and occurs in a context of high sensitivity to U.S. macro data and deleveraging episodes that tend to accelerate falls via liquidations. The report breaks down what was able…
Ethereum Crashes Below $3K as Liquidations Spike and Volatility Looms
Ethereum price (ETH USD) has broken below the psychologically key $3,000 level, with Ethereum price action now hovering in a fragile consolidation zone after a sharp sell-off. At the time of writing, ETH is trading around $2,900–$2,950, down roughly 5–7% over 24 hours, while its market cap has slipped toward the mid-$340 billion range. The move comes as nearly $600 million in leveraged crypto positions were flushed out in a single day, and trade…
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