Ethereum Liquidations Reach Four-Year High as Leverage Resets

According to a report shared by CryptoQuant, Ethereum has just experienced its most sustained liquidation cycle since June 2021. The data shows that forced unwinds were not confined to a single volatility spike, but unfolded over multiple sessions, marking a structural reset in derivatives positioning. source: https://www.ethnews.com/ethereum-liquidations-reach-four-year-high-as-leverage-resets/