Ethereum Shorts Rekt as $ETH Price Keeps Climbing🔹📈
Ethereum $ETH surged 9% to over $3,330, triggering over $152 million in short liquidations—more than half of all crypto liquidations in the past day. ETH futures volume rose 27%, open interest climbed 8.73%, and trading volume increased 15% to $132 billion. Analysts see this as a sign of healthy market dynamics due to fresh, low-leverage positioning. BitMEX founder Arthur Hayes dubbed it "ETH season" and announced plans to invest in DeFi.
