ETH rallies to $2,265.00 after liquidating $736.53 million in short positions within four hours, per market data.
Ether climbed 8.52% over the past 24 hours, reaching $2,265.00 after briefly trading above $2,300. The surge triggered $736.53 million in short liquidations within four hours, according to market data.
Total crypto liquidations hit $802.98 million during the same period, with $66.45 million coming from long positions. Bitcoin rose 1.08% to $69,367.47, reflecting broader market momentum.
The move follows a sharp rebound in digital asset prices, driven by heightened trading activity and leverage unwinding.