Ethereum’s price fell 5%, currently standing at approximately 1,623 USD. Dormant wallets have begun reactivating, moving substantial amounts of ETH to exchanges, indicating significant changes in investor behavior.
In the past 24 hours, liquidations in ETH reached around 70 million USD, affecting mainly long positions. The current market sentiment is one of fear despite a slight recovery across the crypto market, as evidenced by fluctuating investor actions.
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