Ethereum just said “I’m back!” 😎
After months of playing second fiddle to Bitcoin$BTC , $ETH is breaking out above $3,359, tagging a fresh 3-month high. But it’s not just price—open interest soared past $22B, the highest in three years, and longs are stacked! 🔥
📊 Binance led with $149M in liquidations, mostly short-sellers getting wiped out. ETH also gained ground in BTC terms (0.029), hinting at a possible altcoin revival 🌈.
Meanwhile, treasury whales like SharpLink and BitDigital are piling into ETH—big money betting long 🐋. With staking, liquid staking, and ETH flipping “boomer-friendly,” this could be the start of something bullish.
💥 Heads-up though: too many longs = liquidation risk. If ETH dips to $3.2K, $59M in longs could vanish. Keep your stops tight, degens.
