Ethereum Surges 6% Following Successful Shanghai Upgrade
Following the network's latest Shanghai upgrade, Ethereum is soaring.
The second-largest cryptocurrency by market capitalization is currently up almost 6% over the past 24 hours, with ETH trading hands at around $1,980, per CoinGecko.
Liquidation data from Coinglass also suggest that bearish traders were proven wrong too, with Ethereum leading the pack at more than $44 million trades liquidated over the past 24 hours.
Of that sum, roughly 77% of those positions were short.
The successful execut...