In brief
- Ethereum topped $3,000 Friday morning, for the first time since February 2025.
- The move comes after Ethereum ETFs saw their highest-ever day of inflows Thursday.
- Over $258 million worth of Ethereum shorts were liquidated over the past 24 hours.
Ethereum has climbed 8.8% over the past 24 hours, topping $3,000 for the first time since early February. The move comes following the largest single day for U.S. Ethereum exchange-traded fund inflows at $383.1 million, according to Farside data.
As Ethereum’s price jumped, $258.6 million worth of Ethereum shorts were liquidated over the past 24 hours, according to CoinGlass data. Ethereum remains down 38.3% from its all-time high of $4,878 hit in November 2021.
The move marks a reversal…
Aug 07 2025
