#TradingStrategyMistakes $ETH

Ethereum has crossed the $3,000 mark for the first time since February, with $1.14 billion in crypto shorts liquidated.

Ethereum has crossed the $3,000 price for the first time since February 2025 on Friday morning,

A key reason for this increase was record inflows into U.S. Ethereum exchange-traded funds (ETFs) on Thursday, amounting to $383.1 million,

This behavior has boosted positive sentiment in the market and resulted in an 8.8% increase in Ethereum's price,

As a result, Ethereum shorts worth $258.6 million were liquidated in the past 24 hours, meaning many traders who were in short positions hoping for a price drop had to take losses,

Ethereum is still 38.3% below its record high of $4,878 from November 2021, but its recent performance indicates a shift in negative trends,

Concerns about falling prices had dominated the market in recent months; however, the chances of reaching $3,000 have now increased, during which Ethereum treasury company SharpLink Gaming has increased its holdings, now holding 205,634 ETH worth approximately $618 million,

This positive trend in the crypto market has also impacted other cryptocurrencies and BTC,

Bitcoin set a new record on Thursday and reached a level of $118,667 on Friday, resulting in $678 million worth of Bitcoin shorts.