Key Takeaways
- Ethereum dropped 9% in 8 hours, falling to $2,930 as over $212M in ETH longs were liquidated.
- Total liquidations topped $670M in 24 hours, with longs accounting for $570M and Bitcoin contributing $228M.
Ethereum dropped 9% in the past eight hours, sliding to $2,930 as crypto markets continue to reel from a wave of liquidations.
The pullback comes amid broader weakness across digital assets, with Bitcoin retreating to the mid-$86,000 range.
The selloff intensified as over $670 million in positions were liquidated in the past 24 hours, according to Coinglass data. Longs bore the brunt of the move, accounting for $570 million of total liquidations. Ethereum alone saw $176 million in liquidated longs, while Bitcoin recorded $204 million.
The market has struggled to regain momentum since the October 10 wipeout, with risk appetite remaining low across both majors and altcoins.
Source: https://cryptobriefing.com/leveraged-crypto-liquidations-ethereum-drop/

![[OPINION] US National Security Strategy 2025: An iconoclastic document](https://www.rappler.com/tachyon/2025/12/AMERICANS-ARE-BACK-DEC-12-2025.jpg?resize=75%2C75&crop_strategy=attention)
