๐Ÿ“‰ Ether's (ETH) price is playing a high-stakes game of limbo, with over $212 million in leveraged long positions at risk if it dips below $3,100. In the past 24 hours, ETH has already dropped 9.3% to $3,254. If it stumbles below the $3,000 line, liquidations could reach $237 million. ๐Ÿ˜ฑ

- Recent price swings have caused $624.4 million in liquidations, mainly affecting long positions.

- OKX exchange saw the most liquidations at $90.8 million, followed by Binance and Bybit.

- Bitfinex anticipates a market recalibration as investors seek equilibrium amidst unprecedented inflows into Spot Bitcoin ETFs.

On the bright side, ETH net outflows from exchanges hit a record high, potentially leading to upward price movement. Keep calm and HODL on! ๐Ÿš€