Ether market may become more exciting below 4,200 USD. Here is why

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The ether market may experience significant volatility if prices drop below 4,200 USD, triggering liquidations worth millions.

Currently, over 56,638 ETH in long positions, valued at approximately 236 million USD, are at risk if the price reaches 4,170 USD.

According to Andrew Kang, if liquidations reach 5 billion USD, ether prices could decline to as low as 3,600 USD.

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