July 11, 2025

Ethereum price surges 6% to $2,800 as shorts suffer amid $500M crypto liquidation

Ethereum’s price rose 6% to above $2,800, driven by Bitcoin’s rally to $112,000 and optimism around ETH whale activity.The gains came as over $500 million in leveraged positions, including $139 million in ETH, were liquidated.Institutional interest and …

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