Ethereum Price Surge: Short Squeeze & Institutional Flows Drive Record High

Ethereum has reached a new all-time high of over $4,200, sparking excitement in the cryptocurrency market. Significant investor activity, including large liquidations and institutional flows, are contributing to this price surge. 0xcB92 experienced a complete liquidation as Ethereum broke above $4,200, losing over $15.85 million, while another whale’s sudden sell-off followed by an immediate buy-back highlights the volatile nature of this market.