Markets· ★★★· bearish·

Trader's 3,728 ETH long liquidated in 3 minutes for $9.85M

  • —ETH dropped below the $2,600 level
  • —A 3,728 ETH long position was fully liquidated
  • —The position was worth roughly $9.85 million
  • —The liquidation took just three minutes
Why it matters: A large liquidation as ETH loses $2,600 underscores selling pressure and the risk of cascading losses.
#ETH
Source: PANews
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