Ethereum approached to break his maximum of all time this week, and the relapse was brutal for anyone who bet against it. About 259 million dollars in short positions were liquidated, together with other 80 million in long positions. This adds over 340 million dollars in crypto liquidation in just 24 hours. Only Ethereum was more than half of that total.
Nourished suggestions illuminates the markets of cryptocurrencies
The rally it was not random. He followed the comments of the president of Fed Jerome Powell suggesting that interest rates cuts could be on the horizon. Trader I did not do it Wait. Ethereum has increased by almost 15 percent on the news and briefly climbed above 4,842 dollars. This is Within the touching distance from its 2021 peak of 4,878. The market moved rapidly, as well as liquidations.
Break
200 million dollars in shorts have just been rekt in an hour of which 112 million $ Eth Shorts alone.
The bulls have just burned the bears. Here’s how a narrow appears.
pic.twitter.com/hzinzco0l9
– DustyBC Crypto (@thedustybc) August 22, 2025
The liquidation frenzy dominates the cryptographic action
This wave of liquidations I did not do it Just hit Ethereum. The largest cryptocurrency market has seen over 668 million dollars in contracts of derivatives swept away. But Ethereum was the main pilot. His Rare to see ETH take the command aggressively, but this week it was not following Bitcoin’s move. He was setting the rhythm.
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Inch price above 2021 high level, then pull back
For a moment, it seemed that Ethereum was ready to establish a new record. But after briefly pushing high on 2021, he slipped back. At the time of the report, the price was in the balance of around 4,773 dollars. It I did not do it Keeping the breakout, but has approached enough to remind the traders which type of momentum can transport when they align the macro factors.
Because this matters more than the simple numbers
This it is not Only about the price. His On how much influence the language of the central bank has on risk activities such as cryptocurrency. A vague comment on future politics launched the market and has canceled hundreds of millions in open positions. In Crypto, the reactions to the titles often exceed the fundamentals. This week was a manual case.
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What to look after
Ethereum I did not do it Enough break the ceiling, but his now sitting just below one level that could trigger another greater move. If it pushes beyond the old old man, there is A good opportunity could be built in the next quarter. Otherwise, wait for a restoration and greater volatility as a trader repositioning. With the Fed at stake and markets to the limit, Nobody is Relaxing again.
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Keyway keyway
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Over 340 million dollars in cryptographic liquidations affected in 24 hours, with the Ethereum shorts that guide the coat.
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Ethereum went up briefly above $ 4,842 following Fed signals on possible cuts at rates.
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Eth’s rally triggered over half of all the liquidations of cryptocurrencies, overcoming the influence of the Bitcoin market.
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Despite touched a new maximum, Ethereum retired to around $ 4,773 while the momentum cooled.
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The market reaction shows how much influence the macro signals have on cryptocurrency, in particular Ethereum.
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