Ethereum Liquidation Storm Destroys $303 Million: What’s Next for ETH?

A recent surge in liquidations has shaken the crypto market, wiping out over $1.13 billion in leveraged positions across various coins. Ethereum (ETH) alone suffered a staggering loss of $303 million, highlighting the vulnerability of leveraged trading in volatile environments. This episode underscores the intricate interplay between macro uncertainty, shifting institutional sentiment, and DeFi dynamics, ultimately driving ETH’s decline.