Today, Ethereum (ETH) reached a record $4,900, sparking discussions across the cryptocurrency market. This article highlights key aspects related to this event.
Historic High for Ethereum
Today, Ethereum (ETH) surpassed $4,900 for the first time in its history, hitting a peak of $4,927.25. Currently, ETH is trading at $4,902.93, reflecting a 3.35% increase over the past 24 hours.
Market Position Liquidations
In the last 24 hours, $221.48 million worth of positions were liquidated across the cryptocurrency market. Of this, $105.79 million came from long positions and $115.69 million from short positions. Specifically, Ethereum saw liquidations totaling $81.84 million, with $62.78 million from short positions.
Most Liquidated Altcoins
In addition to Ethereum, the following altcoins experienced significant liquidations:
* LEFT: $14.61 million * BTC: $13.70 million * PROMPT: $10.72 million * BIO: $8.34 million * SAROS: $7.89 million * WLFI: $6.53 million * DOGE: $5.06 million.
Thus, Ethereum's achievements this month highlight its growing popularity and market activity. Meanwhile, substantial position liquidations serve as a reminder of cryptocurrency volatility.
