Ethereum Rebounds 31% As Short Liquidations Fuel Rally

TLDR: Short liquidations averaged $131.0M weekly, up 1,514% WoW, driving ETH’s 31% price surge. Base fees rose 189% and fees burnt jumped 251%, reversing two months of network compression. Binance funding turned positive at 0.01, its first sustained bullish tilt in months. Average deposit size fell 40% to 16.1 ETH even as total inflow rose [...]

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