Ethereum $1,700 June Dip Holds 74.5% on Mt. Gox Cascade
The ETH $1,700 June dip contract is at 74.5% as of 13:40 UTC Thursday — up 26pp in 24 hours on the Mt. Gox distribution cascade.
The market pricing a June Ethereum dip to $1,700 holds at 74.5% as of 13:40 UTC Thursday — up 26pp from the 48.5% opening on June 3 — as Mt. Gox creditor distributions cascade through Bitcoin and Ethereum in what analysts have called the largest single-day liquidation flush since January 2026.
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