🧠 $250K ETH Dump: Retail Bleeds, Market Makers Breathe

ETH broke $2,500 — then crashed −12% in an hour.

3x leveraged $250K longs? Down ~$90K, plus fees and slippage.

🔥 Market makers played it differently — tight spreads, rebates, volume tiers.

Same dump.
Retail got liquidated.
Market makers managed flow.

From predicting direction → to managing liquidity.