The price of Ethereum rose above $2,100 this morning, with a peak of $2,120, an increase of more than 10% in the past 24 hours.ETH alone blows up $850 billion
(Recap:Hurry up!Bitcoin broke through the 30,000-magnesium mark, and Ethereum broke through 1920; a new high since June last year）
(background supplement:Institutions are bullish on Bitcoin again! Bank of America and Fidelity in 2023Q1 become the “Top 10 Shareholders of MicroStrategy”）
prepareAfter the much-anticipated Ethereum “Shanghai + Capella (Shapella) upgrade” was officially launched yesterday (13th), although a large number of validators are gradually withdrawing ETH from the beacon chain, Ethereum is still bucking the trend skyrocketed.
Today (14th) at about 08:40 in the morning Taipei time, the price of Ethereum rose above $2,100, with a maximum of $2,120, an increase of more than 10% in the past 24 hours; Bitcoin also rose at the same time and reached a maximum of $30,800, but the increase was not so strong , up about 2.2% in the past 24 hours
At present, the market fluctuates violently. Investors are advised to pay attention to short-term fluctuation risks.
Ethereum is short squeezed!
As for why Ethereum can rise so quickly in a short period of time, it may be due to the air force being squeezed and contributing fuel.
According to Coinglass currentdataIt shows that in the past 24 hours, as many as 37,000 people have liquidated their positions, and the amount of liquidated positions on the entire network has reached 159 million US dollars. Among them, the liquidation amount of Ethereum accounted for almost half, reaching 85.71 million U.S. dollars, which is more than three times the amount of the second-placed Bitcoin liquidation ($27.37 million), which is really rare.
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