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Ethereum (ETHUSD) Faces Massive Liquidation Risk Amid DeFi Sell-off

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The Story

News Summary

  • Ethereum faces a massive liquidation risk as over $500 million in leveraged DeFi positions approach key price triggers.
  • With the technical breakdown below critical support zones, the market is vulnerable to a cascading sell-off as the price moves toward the $1,300 level.
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Stored market data

ETHUSD price history

2511.81 +23.93% over the displayed period

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