A significant Ethereum ($ETH ) long position was recently liquidated:
Amount: $95,700
Liquidation Price: $3,925.57
This event indicates that the ETH price dropped to or below $3,925.57, triggering the liquidation.
Liquidations of this magnitude can impact market sentiment and may lead to increased volatility.
Traders should exercise caution and consider implementing risk management strategies, such as setting stop-loss orders
and maintaining appropriate leverage levels, to mitigate potential losses in such volatile conditions.