Ethereum price falls below $2,200 after the $6.3 billion Binance hack triggers $1.6 billion in crypto liquidations, with ETH longs losing $364 million.
Ethereum has slipped toward $2.2K after another wave of selling extended the decline from the $2.8K highs. With ETH now trading inside a key demand zone that also aligns with the lower boundary of...
Ethereum saw a spike in activity after the Binance hack, with fees rising over $56M for the day after the hack.
"If Ethereum remains below $2,385 while exchange balances stay elevated, $2,000 is the downside target I’m watching," Martinez said.
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