The cryptocurrency market has faced significant liquidations, with 361,972 traders losing $1.17 billion in the past 24 hours. A notable whale lost $15.8 million as Ethereum's price dipped to $3,432.70, while another whale, linked to Longling Capital, seized the opportunity to acquire 6,000 ETH, accumulating a total of 75,400 ETH since May 2023.Institutional interest remains strong, highlighted by Ethereum spot ETFs recording a net inflow of $2.45 million over 18 consecutive days, with BlackRock’s Ethereum ETF seeing $81.9 million in net inflows. These developments reflect growing confidence in Ethereum's long-term potential amidst market volatility.