The previous round of liquidation triggered a chain reaction of price drops. 1800 dropped to over 900 Below 900, there are whale liquidation clusters (led by Longling Capital with 200,000 ETH plus others), totaling nearly one million ETH. If the price had dropped another $100, it would have been the second apocalypse for the crypto. But the fact is, it didn't drop that much. And just before the big bang, the short sellers retreated, closed out their positions, and started buying up spot assets in large quantities, making it the largest single independent holding address on Ethereum in those two years (ranked fourth overall, the top three being staking contract addresses and exchange addresses). For some reason, history is repeating itself. $eth #On-chain clearing