An Ethereum whale managed to mint a staggering $16.8 million by going short on ETH price ahead of today’s 5% correction. Amid today’s broader market sell-off, ETH tanked to $3,050 once again, triggering over $81 million in long liquidations. As the Trump tariff kicks in on Feb 1, the crypto market is facing strong volatility as analysts expect strong turbulence on Wall Street next week.
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