Ethereum falls below $2,400 to a 7‑month low; $550M ETH longs liquidated

A broad selloff on Saturday drove Ethereum below $2,400 for the first time since July 2, marking a seven‑month low and leaving it down more than 10% on the day and 18% for the week. Over $550 million in ETH longs were liquidated in the past 24 hours, exceeding BTC wipeouts of $475 million.