Coin Gabbar Token

<ul><li>Data from CoinGabbar shows that Ethereum has lost more than $228 million in the most recent day.</li><li>The second-largest cryptocurrency in the world, Ethereum (ETH), is under significant selling pressure as a result of rising scepticism among traders. The dumping market situation has resulted in a sharp decline in global market capitalization.</li></ul><h2 id="header-0">According to data provided by CoinGabbar, Ethereum has lost more than $228 million in the last day.</h2>Due to growing scepticism among traders, Ethereum (ETH), the second-largest cryptocurrency in the world, is under intense selling pressure. Global market capitalization has significantly decreased as a result of the dumping market situation.Significant selling is occurring for ethereum.Data show that over the past 24 hours, the price of Ethereum has decreased dramatically by 21%. At the time of publication, the average price of ETH is $1,230.6. But to reach $47.6 billion, its 24 hour trade volume has increased by a startling 130%.According to data provided by CoinGabbar, Ethereum has lost more than $228 million in the last day. On the long position, almost $160 million has been liquidated. 70% of all trading positions are represented by this.According to PeckShieldalert, $1150 is the liquidation price for $11.5 million worth of Ethereum. However, Okex reported the most Ethereum liquidations, totaling $58 million.A crypto whale reportedly added Ethereum worth $22.5 million to an unidentified wallet, according to Whale Alert. The whales have yet traded <a href="https://www.coingabbar.com/en/crypto-currency/ethereum-eth-prices-usd" rel="noopener noreferrer nofollow">ETH</a> valued at more than $107.2 million despite the price decline.The global crypto market is seeing intense selling pressure.However, in the previous 24 hours, the global market for digital assets fell by 13%. The whole market value has fallen below the critical $1 trillion threshold. It is currently $865.6 billion. The 24-hour trade volume has increased by 82% to $215 billion.According to the data, more than $838 million has been liquidated by over 392,520 traders. On Binance, a $6.7 million single liquidation transaction set a record.In the previous day, the price of bitcoin has decreased by about 5.2%. At the time of publication, the average price of BTC is $17,571.This market situation is thought to be a result of a recent announcement made by Changpeng Zhao (CZ) of Binance. According to CZ, a non-binding Letter of Intent (LOI) to fully buy the FTX cryptocurrency exchange has been inked.

Ethereum Price Drops 21percent, More than $228 Million in Liquidity

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