Market data, Ethereum $2,102.07It shows a 22 %decrease in the last two days of (ETH). Approximately $ 126 million of a position was just 4 %from liquidation during the decrease in the market. This is one of the remarkable developments with the fact that the ETH price is traded at $ 2,080.
Fluctuation in the price of Ethereum
Under the influence of Trump’s customs tariffs, ETH deleted the previous rise and retreated to a significant value. Especially in the field of Defi, the recovery of $ 2,000 helped to prevent liquidations on the Makerdao platform.
In the Makerdao platform, the price levels determined for fixed secure transactions play an important role. The first liquidation threshold is determined as $ 1,929. In addition, the total value of the two positions at $ 1,844 and $ 1,796 reaches $ 349 million. Market actors aim to benefit from short -term fluctuations by focusing on these levels. We see that such liquidity zones are targeted in extreme decreases.
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Additional effects in the defi market
Liquidations can have more effects than derivative procedures due to the activation of spot assets. Transactions are planning to benefit from sudden price movements in these levels. When a liquidation is triggered, ETH, which is shown as collateral, can be sold or evaluated at the auction. This can impose additional pressure on the general price levels of the market.
According to the data obtained from the market, a total of 1.3 billion dollars of ETH liquidation is available; 427 million dollars of this is included in 20 %of the current price. Another point to be considered is ETH’s Bitcoin 
$83,958.40compared to (BTC) compared to its recent performance. This can be explained by the effect of some corporate investments and the competition of different blockchains.
Market actors evaluate price decreases in liquidation levels and recovery that may occur afterwards. These developments can create uncertainty in market dynamics as well as bringing risks and opportunities for investors. Technical analysis and risk management are among the most prominent issues in this process.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
