Explosive ETH, ADA, DOGE Moves Spur $800M in Short Liquidations, Highest Since 2023

A broad crypto rally led by ether’s (ETH) 20% surge triggered more than $750 million in short liquidations in the past 24 hours, the highest single-day total since 2023 for bearish trades. Data from …

Full story: https://www.coindesk.com/markets/2025/05/09/explosive-eth-ada-doge-moves-spur-800m-in-short-liquidations-highest-since-2023