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Futures
Futures
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CandyDrop
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Alpha Points
NEW
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VIP Wealth Hub
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Quant Fund
Top asset management team helps you profit without hassle
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Smart Leverage
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GUSD Minting
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20 USDT
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#GT #BTC #XRP #ETH #DOGE
The approach of the Ethereum price to the level of 4400 USD may lead to short liquidations estimated at 1.24 billion USD on major centralized exchanges. This move comes after a steady increase driven by institutional transactions, with purchases of 4.17 billion USD recently accumulated.
The main players in the market, including institutional investors and corporate wallets, had a significant impact on the rise in the price of Ethereum. The increase to $4,300, mainly driven by strong institutional demand, represents a notable shift in the market. According to AInvest, "The price of Ethereum surpassed $4,300... driven by institutional purchases of $4.17 billion and ETF inflows of $461 million."