Ethereum has plunged directly, dropping over $200 in the short term, currently reported at $2420 per coin, with a daily decline of over 4%.

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​Amidst the huge volatility, both long and short positions have faced liquidations. According to Coinglass statistics, more than 120,000 people globally have been liquidated in the past 24 hours, with a total liquidation amount exceeding $450 million. Overall, long positions have been the most severely affected, with liquidation amounts exceeding $400 million. Among them, the largest single liquidation occurred in Bitcoin, with a liquidation amount of $8 million.$BTC $ETH