$500 Million in ETH Positions Liquidated, Ether Futures OI Loses $3 Billion, Ethereum to Benefit from Low-Risk DeFi: Ethereum News Recap

Ethereum (ETH), the second-largest cryptocurrency, has seen its price dropping today amid a general market collapse. While it registers almost 70% bigger liquidations compared to Bitcoin (BTC), it still looks strong compared to Solana (SOL).