On March 28, 2025, the crypto market confronted a sharp shake-up as $120 million in liquidations hit inside an hour. Ethereum (ETH) took a main hit, plunging from $2,000 to $1,900, sparking concern amongst merchants. The sudden drop triggered a wave of reactions throughout the crypto neighborhood, with some seeing it as a shopping for alternative whereas others braced for additional volatility. The occasion highlights the unpredictable nature of the market and the dangers of excessive leverage buying and selling.