$448M of $ETH liquidated overnight 😭
ETH's spot book: +9% 🫡

Liquidations (24h):
ETH $448M · BTC $272M
Biggest order: $48M ETH

ETH orders within 1% of price, 7 major exchanges:
Fri $65.7M → Mon $71.7M

Perps dumped ETH. Spot makers added.

Who's right? 👇

#ETH #Liquidations #Liquidity