Data provided by Coinglas shows that over the past 24 hours, totaling $109.6 million worth of Ethereum (ETH) shorts have been liquidated.
Earlier this Sunday, ETH reached a new annual peak of $3,825 in Coinbase exchanges. For the first time since December 2024, Altcoin was able to surpass the $3,800 level.
The most popular Altcoin has skyrocketed by over 50% in just two weeks.
The ETH/BTC pair is currently at 0.031 BTC, reaching its highest level since January.
However, it should be noted that ETH is 23.2% since recovering the current all-time high of $4,878, achieved more than three years ago.
