
Ethereum tops $2,450 after $45.8M in short liquidations
- —ETH gained 2.6% in 24 hours to trade near $2,456
- —The rebound started from the $2,372 level
- —Short liquidations in ETH totaled $45.8 million
Why it matters: The short squeeze-driven rebound could add pressure on sellers and support altcoins.
Source: Coinotag