Ethereum Price Plummets Amidst Liquidation Cascade and ETF Outflow Reversal
Who: Ethereum (ETH) and its investors, major derivatives exchanges, and U.S. spot Bitcoin and Ether ETFs. What: Ethereum experienced a significant price drop, with over $1.9 billion in long ETH positions liquidated across major derivatives exchanges. This event was accompanied by a broader market downturn, marked by a substantial crypto market capitalization decrease and a … Read more