The crypto market faced nearly $200M in liquidations within 24 hours, impacting over 83,000 traders, as price volatility continued. #Ethereum holders suffered the most, losing $57M, with both long and short positions heavily affected.

Despite consistent positive ETF inflows into $ETH , the price remained sluggish, raising concerns about the lack of a strong price catalyst.

Other major tokens like #Bitcoin , #Solana , and $XRP also contributed to the losses, with long traders dominating the liquidations, showing that many expected a rebound that didn’t materialize.