News from August 9, 2025, the cryptocurrency market has experienced significant volatility in the past 24 hours. The current price of ETH is $4191.18, with a 24-hour increase of 6.98%. Alongside the market fluctuations, there is a prominent situation of liquidations across the network, with a total liquidation amount of $248 million, including a primary focus on short positions, where the liquidation amount for ETH alone reached $111 million, accounting for 44.78%.
The cryptocurrency market has always coexisted with risks and opportunities. This liquidation data reflects not only the strong performance of bullish forces amid ETH's price fluctuations but also highlights the enormous risks faced by short position holders. Investors need to closely monitor market dynamics and respond rationally to volatility, placing importance on risk management while pursuing returns to adapt to the complex changes in the cryptocurrency market.
