Data: A whale’s 4,890 ETH long position was liquidated at $2,356, with a position value of $11.74 million

A quick look at the impact: The news is somewhat negative and could easily trigger risk aversion in the short term. The key is to watch how well support below holds.
$ETH Current price: 2,409.14; 24-hour range: 2,356.79–2,441.66.