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GeekStake: $637M liquidations hit BTC, ETH, XRP. Cause is Japan's rate hike signal and China's reduction of US debt purchases, tightening liquidity.

Crypto Market Tumbles: Japan's Rate Hike Signal Triggers Sell-Off

After a flash drop to 3,050 and 1.3B in liquidations, Ethereum (ETH) faces severe resistance from 7B in short liquidity concentrated near the 4,000 level.

Ethereum drop triggers $1.3B liquidations; $4K price faces $7B resistance

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