Affected by the US and Israel launching airstrikes on Iran, Ethereum's price dropped 10% to around $1850, triggering over $155 million in liquidations within 24 hours. Notably, trader Machi Big Brother lost approximately $29 million on his 25x leveraged long position. Despite the sell-off, on-chain data shows that a whale borrowed $7 million worth of USDC to purchase 3,753 ETH, indicating accumulation during the price decline.

ETH4,66%
USDC0,01%
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