Ethereum hits low of $2,060 on Binance… $368.7 million liquidated in two days
Original headline이더리움, 바이낸스서 2060달러 저점…이틀 청산 3억6870만달러
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Ethereum fell to $2,060 on Binance's ETH/USDT pair, with the daily candle opening at $2,240.24 and closing at $2,127.46, a 5.034% decline, while the session high was $2,246. Liquidations tied to Ethereum derivatives totaled $368.7 million across two consecutive 24-hour Liqwall readings, underscoring the scale of forced selling behind the move. Price prints varied by venue, with Yahoo Finance's ETH/USD daily showing a high of $2,242.64 and a low of $2,081.50 rather than $2,060. The drawdown matters because it shows leveraged positions being flushed out quickly on a major exchange pair. Next, watch whether ETH can hold above the $2,060 low and whether liquidation volumes cool as derivatives exposure resets.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Ethereum (ETH), Binance, Liqwall, ChartExchange, Yahoo Finance
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