Ethereum Breaks Below $2,000 as March 27 Selloff Triggers Heavy Long Liquidations

Ethereum slipped under the $2,000 level on Friday, March 27, hitting a two-week low as broader risk-off pressure weighed on crypto markets. The move coincided with more than $110 million in ETH long liquidations and left ETH around $1,980, down nearly 3% over 24 hours and over 7% across seven days. Over the past week, US spot Ethereum ETFs also posted about $158 million in net outflows, extending a seven-day negative streak.