ETH is up 10% in the last hour!
- Currently trading on coinbase pro for $418+ at 2:55 pm MST
- Next price target 450.00
The breakout was triggered by a huge influx of liquidations on BitMex as well as other margin liquidation platforms.
Millions of dollars in Etherum shorts were liquidated on ByBit, OkEx & BitMEX according to Skew.com
It’s possible we have entered the next phase of a bull run. How exciting!