Ethereum Faces Liquidation Zones: Large Holders Cluster Risk Levels Between $1,700 And $1,000
Ethereum has fallen below the critical $2,000 mark amid a broader bearish market structure, weakening macro sentiment, and persistent outflows from risk assets. According to Lookonchain data, three major on-chain liquidation clusters could significantly impact ETH's short-term price action if selling pressure continues. These include Trend Research (356,150 ETH, liquidation between $1,562–$1,698), a group including Joseph Lubin (293,302 ETH, liquidation at $1,329–$1,368), and the entity 7 Siblings (286,733 ETH, liquidation near $1,075–$1,029). These zones may act as volatility accelerators if prices decline further, potentially triggering cascading liquidations. Market sentiment has also been affected by reports of Vitalik Buterin moving ETH, though these are often for operational or charitable purposes.
bitcoinist02/07 11:02