Ethereum breaks above $4,000 for the first time since December 2024

Description

Ethereum (ETH) broke above $4,000 for the first time since December 2024, fulfilling the expectations for an ongoing rally. Over $24M was liquidated from short positions in only an hour. Ethereum (ETH) broke the long-awaited barrier of $4,000 for the first time since December 7, 2024, causing over $24M in short liquidations. ETH also led 24-hour liquidations, with $119M in short positions erased. ETH rallied above $4,012 on Binance, causing a wave of $119M in short liquidations for the past 24 h...