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Explosive ETH, ADA, DOGE Moves Spur $800M in Short Liquidations, Highest Since 2023
coindesk.com/markets/2025/05/09/explosive-eth-ada-doge-moves-spur-800m-in-short-liquidations-highest-since-2023
A broad crypto rally led by ether’s (ETH) 20% surge triggered more than $750 million in short liquidations in the past 24 hours, the highest single-day total since 2023 for bearish trades.
Data from CoinGlass shows that over 84% of the total liquidations came from shorts, with major…
This story appeared on coindesk.com, 2025-05-09 03:32:23.