The post Ethereum drops 9% in 8 hours as liquidations wipe out $670M in longs appeared on BitcoinEthereumNews.com.

Key Takeaways Ethereum dropped 9% in 8 hours, falling to $2,930 as over $212M in ETH longs were liquidated. Total liquidations topped $670M in 24 hours, with longs accounting for $570M and Bitcoin contributing $228M. Ethereum dropped 9% in the past eight hours, sliding to $2,930 as crypto markets continue to reel from a wave of liquidations. The pullback comes amid broader weakness across digital assets, with Bitcoin retreating to the mid-$86,000 range. The selloff intensified as over $670 million in positions were liquidated in the past 24 hours, according to Coinglass data. Longs bore the brunt of the move, accounting for $570 million of total liquidations. Ethereum alone saw $176 million in liquidated longs, while Bitcoin recorded $204 million. The market has struggled to regain momentum since the October 10 wipeout, with risk appetite remaining low across both majors and altcoins. Source: https://cryptobriefing.com/leveraged-crypto-liquidations-ethereum-drop/

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Filed under: News - @ December 15, 2025 10:28 pm