ETH falls below $2600, trader 0xcbab's long position of 3728 ETH cleared
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ETH briefly fell below $2600, and trader 0xcbab's 3728 ETH long positions (worth approximately $9.85 million) were fully liquidated within 3 minutes, resulting in a loss of nearly $200000.
[$24.08 million worth of ETH was traded in a single transaction, originating from Hyperliquid perpetual contracts.]
Short-term capital moves with intensity, market remains divided on outcomes, and the active intent might still be unclear.
The S&P 500 Volatility Index (VIX) closed at 24.44 points, up 47.14%, reaching its highest level since April 7.
The Dow Jones Industrial Average fell 1.50%, the S&P 500 fell 2.65%, and the Nasdaq Composite fell 4.25%.
The current total market capitalization of cryptocurrencies is $2.63 trillion, a decrease of $52.333 billion in the last 24 hours, representing a drop of 1.94%. Bitcoin accounts for 58.12% of this market capitalization, while Ethereum accounts for 10.55%.
