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Crypto

Ethereum Slips Below $2,400 Amid Broader Market Turbulence

Guavy AI Editorial Team
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Ethereum is trading in the red today, down about 0.53% to $2,409, while other major coins like Bitcoin and Solana hold gains.

The broader crypto market is digesting a rough stretch for leveraged traders, with CoinGlass data showing 103,889 traders got liquidated in the past 24 hours, totaling $285.23 million in liquidations.

Longs took the biggest hit as ETH cooled off from its recent highs near $2,550, with a total of $38.06 million in long liquidations compared to $19.91 million in short liquidations.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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