According to Mars Finance news and Cointelegraph reports, the price of Ethereum has broken through $4,000, leading to approximately $105 million in short positions being liquidated. Eric Trump, son of U.S. President Trump, posted on social media stating, "It’s delightful to see ETH shorts getting liquidated; I suggest stopping shorting BTC and ETH." Market data shows that Ethereum reached a daily high of $4,060, with a 24-hour increase of 4.6%. Market analysis indicates that if it breaks through the key level of $4,100, it could trigger a larger scale short squeeze.

#BTC #ETH