Ethereum Don Pass $4,900 ATH, $62M ETH Shorts Dem Don Clear

Ethereum don jump pass $4,900 reach new highest ever $4,927.25 today. As of now, ETH dey trade around $4,902.93, increase by 3.35% inside 24 hours. Dis rally trigger market-wide crypto liquidations reach $221.48 million, with $81.84 million specially for ETH ($62.78 million from short positions, $17.67 million from long). Inside last one hour, ETH lose $35.99 million, mostly from short positions. Other tokens wey face big liquidations na LEFT ($14.61 M), BTC ($13.70 M), PROMPT ($10.72 M), BIO ($8.34 M), SAROS ($7.89 M), WLFI ($6.53 M) and DOGE ($5.06 M). Traders suppose dey watch on-chain data and market feeling as this strong short squeeze fit cause more market wahala. On the whole, Ethereum bullish movement dey show potential rise but make dem cautious with leveraged positions.