en.bitcoinsistemi.com
The world's largest altcoin, Ethereum, managed to surpass the $4,000 barrier for the first time since March, according to the latest data.
Having increased by 6% in the last 24 hours, $ETH made the move that the cryptocurrency community had been waiting for after a long wait. Interestingly, this rise came on a day when almost all major cryptocurrencies, except XRP, experienced a decline.
On the other hand, despite Bitcoin breaking its all-time high price record many times recently, Ethereum is still trading 18% lower than its record of $4,891.
Bitcoin price has declined by 4% in the last 24 hours and has fallen below the historic $100,000 threshold.
With the attack made by $ETH, the majority of the liquidations in the entire cryptocurrency market in the last hour were on the Ethereum side. In the last hour, a total of $22 million was liquidated in the cryptocurrency market, $7 million of which was through $ETH.
Interestingly, the cryptocurrency market faced a massive liquidation wave of $919 million in the last 24 hours. $753 million of these liquidations were in long positions.
*This is not investment advice.