The recent trading session highlighted significant volatility in the Ethereum market. A staggering 99% of the $2.87 million liquidated positions were longs, centered around a 5,855% mismatch, illustrating the risk of leverage.
Despite the liquidation event, ETH’s spot price has maintained stability at approximately $4,353. The rapid recovery from a drop to $4,328 showcases the resilience of ETH amid market turbulence.
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