Ethereum Surges Nearly 3% in 3 Minutes, Reaching $4200

BlockBeats News, August 9th, according to HTX market data, Ethereum has surged to $4200, up 2.92% in 3 minutes, currently trading at $4163.

According to Coinglass data, the total amount of liquidations across the entire network in the past hour was $138 million, with Ethereum contract liquidations amounting to $114 million, long liquidations of $1.73 million, and short liquidations of $1.12 billion.

Currently, Ethereum has hit a new high in this round of the bull market, also reaching its highest level since December 2021, rising 200% since hitting a low of $1386 on April 9th.