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Ether Accounts for Almost Half of $520M Liquidations Amid Weak On-Chain Data

Traders of ether futures saw liquidations nearly double those of bitcoin in an unusual move.

The loss of critical support levels led to massive liquidations in ether and bitcoin futures. (Thomas M. Barwick/Getty Images)
The loss of critical support levels led to massive liquidations in ether and bitcoin futures. (Thomas M. Barwick/Getty Images)