Ethereum surged past $2,500 for the first time since mid-April, driven by strong inflows of $512.4 million into US spot Ethereum ETFs over four days and a massive $1.69 billion short position liquidation in three days. This rally marks a 26.4% gain over the past week and has pushed futures trading volumes to $94.42 billion, with bullish sentiment dominating the market. Analysts now see $3,000 as the next key resistance level, supported by low profit-taking and strong technical indicators, despite some overbought signals. Ethereum's market cap reached about $287.65 billion with nearly 120.68 million ETH circulating.
On November 7, 2026, significant changes occurred in the futures long position shares for major cryptocurrencies. SOL's dollar-margin long position share dropped by 3.26 percentage points to 69.56%, while XRP experienced the largest decline in dollar...
Ethereum hosts about $140 billion in stablecoins, roughly half of the total market, and holds around 40% of tokenized assets, more than twice its nearest competitor, according to Grayscale. The network supports over 2,000 applications and 6,000 more ...
Ethereum saw nearly $300 million in long position liquidations recently, but the price dropped just over 1%, indicating limited selling pressure. A trader with a strong winning record has opened a large long position, suggesting confidence in a poten...
Ether (ETH) long positions totaling $20.79 million were liquidated within one hour ending at 9:55 a.m. ET on Nov. 5, as the price fell 1.77% from $2,390 to $2,348. The total liquidation across Binance, Bybit, and OKX was $21.82 million, with long pos...
Ethereum dropped over 8% to around $2,200 on November 6 due to intensified selling pressure from institutional investors withdrawing nearly $100 million from spot ETH ETFs and large leveraged liquidations. The cryptocurrency failed to hold above $2,4...
