Ethereum experienced significant liquidations as its price briefly touched a critical level, leading to the liquidation of 1,200 ETH worth $3.78 million. Over the past 11 hours, a total of 6,300 ETH have been liquidated, resulting in a loss of $509,000. The remaining position holds 4,800 ETH, valued at $15.25 million, with an unrealized loss of $384,000. The latest liquidation price is set at $3,136.98.