Ethereum Breaks All-Time High With a New Record of Over $2,570
22 Apr, 2021•1 min read•Ethereum
It has taken the second-largest cryptocurrency by market cap less than a week to break above its ATH record. Ethereum has jumped by more than 10% on a 24-hour scale and spiked north of $2,570.
These developments pushed ETH’s market dominance to well above 14% as the asset’s market cap has neared a significant milestone – $300 billion. Ethereum bears have suffered in the past several hours following the impressive leg up by the second-largest crypto. Bybt data shows that over $21 million were liquidated in the past hour alone for ETH. The number goes to $40 million for the last 4 hours and $170 million on a 24-hour scale. Somewhat expectedly, the majority of those liquidations are for short positions.