In the last 24 hours, over $1.1 billion worth of crypto positions were liquidated, with short positions contributing nearly $777 million, primarily in Ethereum. Bitcoin saw a rise to $102,858, leading to significant liquidations.
Ethereum experienced a substantial price increase of nearly 25%, reaching over $2,400 after the Pectra upgrade. Solana and Dogecoin also benefitted, with Solana seeing liquidations of over $40 million and Dogecoin over $19 million.
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