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Crypto And Metals Plunge As Wall Street Rallies

Home / Crypto News / Crypto And Metals Plunge As Wall Street Rallies

Crypto And Metals Plunge As Wall Street Rallies

03 Feb Crypto News

Key Points

Two major Ethereum whales sold $371 million worth of ETH within 48 hours to repay loans on the DeFi platform Aave, highlighting active risk management.
Bitcoin experienced extreme volatility, briefly dropping near $74,000 before rebounding above $76,000, with $510 million in leveraged positions liquidated amid thin liquidity.
Weekend market conditions and thin order books caused amplified price swings across cryptocurrencies, as institutional players remained sidelined and stop orders influenced movement.

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