Over $41 Million Of Ethereum Longs Liquidated, Reaching A New 4-Week High
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Over $41 million of ETH long positions have been liquidated as Ethereum prices flash crash from their April peaks, Coinglass data on April 19 reveals. Ethereum Remains Volatile ETH, the native cryptocurrency of the Ethereum network, is under immense pressure when writing. Although the uptrend remains, and the coin has generally posted impressive results over the last four months, the price drop today has led to the biggest liquidation of ETH long positions in over one month. According to Coinglass data, ETH long positions were also wrecked on March 22 when over $31 million were forcefully closed. On average, less than $10
Hundreds of thousands of crypto traders are getting their positions liquidated as Ethereum (ETH) and the rest of the digital asset markets witness another large sell-off event. Data from... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source…
While the sharp declines in Bitcoin (BTC) and altcoins negatively affected many investors, millions of dollars evaporated in the last 24 hours. At this point, whales, known as big investors, suffered the most losses from the declines, while an Ethereum whale faced a $5 million liquidation for the third time.…