The crypto market has struck again with a dramatic $ETH liquidation, as a massive long position of $70.75K was wiped out at a price of $3,118.
This high-stakes trade collapse highlights the brutal volatility of $ETH, where massive gains and devastating losses can happen within moments.
Traders holding the position were caught off guard as the market took a sharp turn, leading to the liquidation.
As the $ETH market remains highly unpredictable, this event serves as a harsh reminder of the risks that come with trading at such extremes.
With $ETH continuing to fluctuate in unpredictable ways, the next move could be even more explosive, leaving traders to brace themselves for the wild ride ahead.