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Ethereum (ETH) Price Records $234M in Liquidations as Price Retreats from $4,000

  • Ethereum (ETH) pulled back from $4,000 resistance level, currently trading at $3,621.
  • Binance's taker buy-sell ratio turned negative, indicating increased retail selling pressure.
  • ETH trading volume rose from $60B to $72B despite price decrease, suggesting active sell-offs.
  • Total crypto market liquidations reached $1.58B, with ETH accounting for $234.72M.

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