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Crypto Liquidation Nears $100M: Ethereum Price Dips Below Crucial Levels

  • Ethereum (ETH) price dipped below $3,300 as Bitcoin (BTC) retraced below $93k.
  • Over $95 million was liquidated from Ether's leveraged market, mostly involving long traders.
  • Ethereum's on-chain activities have surged, surpassing Tron's USDT supply for the first time this year.
  • Ether's price is aiming to print a new higher high after consolidating, with a bullish trend delayed if price consistently closes below $3,257.

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