Ethereum Breaks $4100
Ethereum starts Saturday by breaking the $4100 level, the highest level since December 2021. Only 17% left to a new ATH. In the last 60 minutes, Short positions on ETH worth $110,000,000 were liquidated.
🐋In the past month, whales bought more than 1.80 million Ethereum. Since over 36 million coins are currently staked, the increased demand causes a shortage, which affects the price rise.
🗣Today Eric Trump wrote: Smiling seeing short positions on ETH bursting today. Stop betting against BTC and ETH — you will be crushed.
🔼The largest inflows into ETFs since July: ETH received a net inflow of $461 million yesterday, while BTC ETFs recorded $403 million.
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