Ethereum Rockets Past $3.8K as Shorts Get Crushed With $28M Liquidated
Bitcoin.comSunday, July 27, 2025 at 3:49:30 PM
Ethereum just blasted past $3,800 in a sharp rally, leaving traders who bet against it (short sellers) in the dust. Around $28 million worth of those bearish positions got wiped out in a cascade of forced liquidations—basically, a brutal squeeze for anyone betting on a price drop.
Editor’s Note: This isn’t just about Ethereum’s price surge—it’s a classic example of how crypto markets can turn into a battleground between bulls and bears. When shorts get liquidated en masse, it often fuels even more upward momentum, creating a feedback loop. For everyday investors, it’s a reminder of how volatile crypto can be, but for ETH holders, it’s a welcome boost. Whether this rally sticks or not, it’s a headline-grabbing moment for the crypto world.
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