The cryptocurrency sector is on edge, with projections indicating that a dip in Ether’s value below $3,100 could lead to the liquidation of leveraged long positions amounting to more than $212 million. This prediction comes amidst a sharp decline in Ether‘s price, which fell 9.3% to $3,254 over a 24-hour period ending at 10:40 am UTC. Over the week, Ether has seen a downturn of over 18%, and a further drop to $3,100 could erase $212 million in long leveraged investments, based on data from Coinglass. Should Ether’s price drop below the crucial $3,000 mark, liquidations are expected to surge