Traders watch for a trend reversal after Ethereum price drops to $4,100
ETH’s 13% drop to $4,100 led to $200 million in futures liquidations, but pro traders still have reason to stay long and strong.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
ETH’s 13% drop to $4,100 led to $200 million in futures liquidations, but pro traders still have reason to stay long and strong.
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin drops to $84k sees $143 million in liquidations as ETF inflows turn positive
Bitcoin’s October 7 morning market readings showed roughly $143 million in Bitcoin futures positions liquidated over the preceding...
Bitcoin Drops Under $84,000 as $487 Million in Leveraged Longs Get Liquidated in 24 Hours
Bitcoin fell below $84,000 late Tuesday as traders holding leveraged long positions were forced out of their trades. Coinbase exch...
Ethereum ETFs Lose $201.9 Million As Bitcoin Funds Return To Inflows
TL;DR: US spot Ethereum ETFs recorded $201.9 million in net outflows on October 6, according to Farside Investors. Bitcoin ETFs mo...
Ethereum Tests 200 Million Gas Limit On Sepolia As Glamsterdam Moves Forward
TL;DR: Ethereum’s Sepolia testnet is testing a 200 million block gas limit as part of work around the Glamsterdam upgrade. The exp...
Ethereum falls 6%, leaving $1.35 billion in long bets at risk of liquidation
Ethereum’s slide toward $2,500 has put about $1.35 billion of leveraged long positions at increasing risk of liquidation. CoinMark...
Crypto liquidations hit $608 million as Ether longs unwind, with a $26.64 million hit on Binance
The liquidation event highlights the volatility and risk in crypto markets, emphasizing the need for cautious leverage management...