Well, well, what a delightful turn of events! According to the ever-so-reliable CoinGlass, an astonishing $100.6 million worth of Ethereum (ETH) shorts have been mercilessly liquidated over the past 24 hours. One can only imagine the faces of those short sellers, a veritable gallery of astonishment and dismay!
And just when you thought the weekend couldn’t get any more exciting, ETH decided to make a grand entrance, reaching a new year-to-date peak of $3,825 on the Coinbase exchange. It’s like the altcoin decided to throw a New Year’s Eve party in the middle of a Sunday, and everyone was invited—except the bears, of course. The coin has now managed to top the $3,800 level for the first time since December 2024, a true testament to its resilience and charm.
In just two weeks, our dear ETH has soared by more than 50%, proving once again that it’s not just a cryptocurrency but a force of nature. The ETH/BTC pair has now reached 0.031 BTC, the highest level since January. It’s almost as if ETH is saying, “Afternoon, darling, I’ve come to steal the show!”
However, let us not forget that ETH is still 23.2% away from reclaiming its all-time high of $4,878, a record set more than three years ago. But who’s counting? After all, in the world of crypto, every day feels like a new beginning, and ETH seems determined to write its own chapter in the annals of financial history. 🌟
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2025-07-20 21:55