Ethereum (ETH) Bears Face $500 Million Loss Amid Price Surge and Renewed “Flippening” Hopes
Main Idea
Ethereum's recent price surge above $4,000 has resulted in $500 million in losses for short sellers, driven by strong inflows into Ethereum spot ETFs and outperformance against Bitcoin.
Key Points
1. Ethereum's price surge above $4,000 led to $500 million in short liquidations, compared to Bitcoin's $112 million in the same period.
2. Ethereum spot ETFs saw a significant inflow of $462 million in a single day, with cumulative AUM peaking over $23.3 billion.
3. Fidelity’s FETH and BlackRock’s ETHA funds accounted for 82.6% of the massive inflow into Ethereum spot ETFs.
4. Ethereum is outperforming Bitcoin across multiple trading time frames, with ETH/BTC showing a bullish trend, suggesting a potential 'flippening' in market dominance.
5. ETH/BTC is surging on seven out of eight TradingView time periods, indicating growing optimism in the Ethereum community.
Description
Ethereum’s recent price surge has resulted in $500 million in losses for short sellers, highlighting the cryptocurrency’s robust market performance. $500 million in shorts liquidated as Ethereum (ETH) price rises
Latest News
- Surge in ETH Open Interest on Binance Suggests Potential Market Volatility Near $4,136 Price Level2025-08-09 18:24:53
- El Salvador’s New Investment Banking Law May Open Doors for Bitcoin Holdings and Institutional Crypto Services2025-08-09 18:09:45
- Ethereum’s Rare MACD Golden Cross Suggests Potential Bullish Cycle Against Bitcoin2025-08-09 17:35:02
- Shiba Inu Sees 643% Surge in Large Holder Netflows Amid Market Momentum Test and Potential Altseason2025-08-09 16:43:17
- XRP Sees $200M Institutional Inflows Amid ETF Speculation and Strategic Price Ranges for Potential Growth2025-08-09 16:42:28