Ethereum Price Eyes $3,000 as 67 Million ETH Nears Profitability 🚀
Ethereum (ETH) is experiencing significant gains, with a near 40% rally last week, as it crosses the $2,500 mark. This surge positions 6.61 million investors to see positive returns on their ETH portfolios. With the potential for a further price increase, substantial short liquidations could occur, possibly impacting bearish positions worth approximately $800 million.
This momentum reflects a broader market trend, indicating a pivotal shift for Ethereum stakeholders and offering insights into the current cryptocurrency market dynamics.
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