Ethereum Retreats to $2,670 After Failing to Break $2,800
Ethereum retreated to around $2,670 after failing to break above $2,800, which triggered about $109 million in liquidations over 24 hours.
The token remains up roughly 75% over three months and is on track for its strongest third quarter on record.
Institutional demand has remained firm, with BlackRock's two ETH funds buying $1.01 billion in Ethereum over 20 trading days, and a whale rotating $104 million in Bitcoin into ETH over six days.