At least Ethereum is setting some records
Most likely, the investors have had no funding left to push the liquidation price lower and had to face the unpleasant consequences of an undercollateralization, which become a problem for the majority of market participants, including institutional investors like Celsius and Three Arrows Capital.One of the most unexpected moves on the market was Ethereum's plunge below $900, which was previously considered something impossible, especially back when Ethereum was trading at almost $5,000.
Unfortunately, no indicators are showing any type of inflows, which is not surprising as ETH remains one of the worst performing assets on both financial and cryptocurrency markets by losing more than 40% of its value since June 10.
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