I've been noticing a significant drop in the value of
Ethereum recently. It's concerning because I've invested a lot in ETH and I'm wondering what factors are causing this decline. Is it market volatility, new regulations, or something else entirely?
6 answers
Tommaso
Fri Dec 27 2024
Among these liquidated positions, $270 million were long positions.
HanbokGlamourQueenElegance
Fri Dec 27 2024
Ethereum futures traders have recently taken a bearish stance.
CryptoQueenBee
Fri Dec 27 2024
A liquidation event of this magnitude can have a significant impact on the market.
CryptoLord
Fri Dec 27 2024
The decline in Ether's price has triggered the largest liquidation since December 9th.
StormGlider
Fri Dec 27 2024
It can forcefully close long positions, leading to a rapid and cascading price drop.