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Ethereum’s Pectra Upgrade: ETH Drop Below $2K Could Wipe Out $700M!
- Ethereum's Pectra upgrade has launched on the Holesky testnet, with a mainnet launch expected soon.
- The upgrade brings key improvements for validators, wallets, and layer-2 scaling.
- If Ethereum drops below $2,107 and $2,049, it could trigger $582 million and $705 million in liquidations.
- ETH needs to retest $2,600 and $2,700 resistance levels before a potential rally.
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