Ether Leads Long Liquidations Amid Market Correction

[johnblockbuster]

Ether bore the brunt of the latest crypto liquidation wave, with more than $500 million in positions closed—double the losses of long Bitcoin trades. Experts attribute the flush to excessive altcoin leverage, which triggers cascading liquidations. Market observers note this “resets the board” for future price moves and clears weak hands ahead of potential rallies.