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The exchange rate of the Ethereum cryptocurrency has collapsed by 40% in three days.
Some large crypto assets from the top hundred by capitalization showed negative dynamics. For example, Ethereum, which is the second largest, registered one of the largest declines, dropping by almost 40%.
Bitcoin lost about 14% at this time, reaching the level of 91.6 thousand dollars. The decline in Ethereum turned out to be more significant, amounting to 39% at the lowest level, falling to 2.1 thousand dollars, RBC reported.
Over the past 24 hours, the total volume of liquidations in the market has amounted to almost 2.3 billion dollars. More than 730,000 traders faced forced closing of positions. Investors who bet on Ethereum suffered losses of $611 million. 12 replies
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