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Ether Accounts for Almost Half of $520M Liquidations Amid Weak On-Chain Data

Traders of ether futures saw liquidations nearly double those of bitcoin in an unusual move.

By Shaurya Malwa
Updated May 11, 2023, 4:41 p.m. Published May 27, 2022, 7:42 a.m.
The loss of critical support levels led to massive liquidations in ether and bitcoin futures. (Thomas M. Barwick/Getty Images)
The loss of critical support levels led to massive liquidations in ether and bitcoin futures. (Thomas M. Barwick/Getty Images)

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BTCBTC$113,621.92◢1.31%SOLSOL$162.36◢3.69%