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ETH tanked to $3,050, triggering over $81 million in long liquidations

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Summary
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57% Informative

An ETH whale managed to mint a staggering $16.8 million by going short on ETH price ahead of today ’s 5% correction.

Broader market sell-offs triggered over $81 million in long liquidations for ETH .

Analysts highlight ETH 's inverse head-and-shoulders pattern, projecting a price recovery to $ 4,000 .

As of press time, ETH price is trading 4.1% down at $ 3,108 with daily trading volumes plunging 22.5% .

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formal

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English

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49

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