đĽEthereum Dips 3%, $100M in Trader LiquidationsâPain in the L2 LaneđĽ
âETH just nuked $100 million in liquidations. L2 traders, check your pulse.â
âDown 3%, $100M goneâEthereum reminds everyone whoâs boss.â
đ The ETH Drop Fallout:
1ď¸âŁ ETH Down to $2,488
Ethereum slid 3.3% in the past 24 hours, crashing to $2,488. The pullback sparked a brutal wave of $100M in liquidations, according to Coinglass.
2ď¸âŁ More Carnage Than BTC
ETH traders ate the biggest hit, compared to just $53M in altcoin and $43M in BTC liquidations. âETH said: Iâm the captain now.â
3ď¸âŁ Still Up 56% This Month
Zoom outâEthereum is still up 56% over the last 30 days, rebounding from a mid-April low of ~$1,500. Volatility? Always. Value? Still holding.
âYou either ride ETH or it rides your stop-loss.â
âWhen ETH takes your lunch money, then buys you dinner next week.â
đ Are you buying the dip or just watching the burn?
đ Hit follow for market meltdowns and redemption arcs.