Ethereum Falls Below $4,000
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Ethereum (ETH) dropped to $3,965 today, hitting a nearly seven-week low amid broad market sell-offs.
The dip triggered over $134 million in liquidations, including a single trader losing $36.4 million on a long position. By midday, ETH partially recovered to $4,032, down roughly 2.9% for the day. -
wow did not expect that
One trader alone lost $36.4M. Brutal reminder of leverage risk.
οΈ
Market sell-off + massive liquidations show how fragile sentiment is right now. 