ETH Short Liquidations Surge to Two-Month High as Price Jumps Over 5% – Shocking Details Revealed!
New York, NY – The price of Ethereum (ETH) experienced a significant increase of over 5% on May 3, leading to a surge in the number of short positions being liquidated. This sharp rise in price resulted in ETH’s derivatives market witnessing the highest level of short liquidations in two months, according to data from Coinglass. On that day, approximately $35 million worth of ETH’s short positions were liquidated, while long liquidations amounted to just …