Ethereum broke the $4,000 level this morning ahead of the upcoming Ethereum Improvement Proposal (EIP)-1559 in July, data from multiple sources shows.The world’s second-largest asset by market cap ($470 billion) and is arguably the most-used blockchain (it settles billions of dollars in transactions each day). ETH’s circulating supply is 115 million and it trades at $4,130 at … [Read more...] about Ethereum (ETH) breaks $4,000 as ‘shorts’ lose $77 million
Shorts
$540 million worth of Ethereum (ETH) liquidated as ‘shorts’ punished
Over $542 million worth of Ethereum (ETH) positions were liquidated last night on the back of the asset reaching all-time highs, data from markets tool Bybt showed.139,079 traders were liquidated in all, while the largest single liquidation order happened on was an ETH trade for $74.5 million on crypto exchange Huobi.Inside the Ethereum rampage‘Liquidations,’ for the … [Read more...] about $540 million worth of Ethereum (ETH) liquidated as ‘shorts’ punished