Over $280 million in short liquidations as ether rallies on re | 🔸️Ethereum | Bitcoin & Altcoin News

Over $280 million in short liquidations as ether rallies on renewed ETF optimism

Volatility over the past 24 hours has caused a spike in liquidations on centralized exchanges as ether rallied over 22%. The rally comes amid renewed optimism that the U.S. Securities and Exchange Commission might greenlight spot ether ETFs later this week. The first round of spot ether ETF deadlines is fast approaching, with VanEck's on May 23 and Ark Invest/21Shares' on May 24.

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