Ethereum just saw $117.8M in liquidations the highest across the market.
Bitcoin followed with $62.3M, XRP with $39.7M, and Solana at $19.6M.
Altcoins like ENA and CFX still pumped over 10%, while XRP and others dropped fast.
It's a classic post-squeeze shakeout.
Risk-off momentum is building.
Traders are watching closely to see if this dip gets bought up or gets worse.
