Over $150 Million Liquidated as ETH Price Skyrockets to a Monthly High

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Over $150 Million Liquidated as ETH Price Skyrockets to a Monthly High
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Ethereum skyrocketed to a monthly high in a massive hourly candle, leaving over $150 million liquidated.

The price of ETH has exploded in the past couple of hours, reaching an intraday high at around $1420. This happens a day after developers confirmed that the ETH 2.0 merge is on track to happen in September.The largest single liquidation order happened on FTX, and it carried a face value of $2.

81 million.This happened on the back of ETH exploding by 7% in a single hourly candle, charting a high of $1422 on Binance.The last time ETH was trading at these prices was back on June 13th, meaning that the cryptocurrency charted a monthly high.It’s worth noting that the increase comes a day after developers

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