Ethereum Dip Triggers Million-Dollar Losses for Traders

Krutika Adani

Ethereum Price Drops 7.3% in a Week
ETH slipped to $4,166, extending its correction and triggering massive losses for traders.

$486 Million in Crypto Liquidations
Over 136,000 traders were liquidated in 24 hours, with $196.8 million tied to Ethereum positions.

Millionaire Trader Faces $6.22M Loss
A trader who turned $125K into millions was wiped out after re-entering long ETH positions.

Institutions Buy the Ethereum Dip
Bitmine and SharpLink added billions in ETH, signaling long-term confidence despite short-term volatility.

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