$120M Liquidated in an Hour: Ethereum Takes a Hit

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On March 28, 2025, the crypto market faced a sharp shake-up as $120 million in liquidations hit within an hour. Ethereum (ETH) took a major hit, plunging from $2,000 to $1,900, sparking concern among traders. The sudden drop triggered a wave of reactions across the crypto community, with some seeing it as a buying opportunity while others braced for further volatility. The event highlights the unpredictable nature of the market and the risks of high leverage trading.