Ethereum Price Plunges Amid Market Turmoil
Ethereum’s price has taken a significant hit, dropping to its lowest point as August 6. The recent crypto market crash has led to a surge in liquidations, pushing Ethereum below $3,800.
The weekly liquidations have spiked to nearly $1 billion. On Monday alone, bullish positions worth over $490 million were liquidated as the market crash intensified. Another $413 million in positions were liquidated on Friday, with about $