Ether Surges 2.26% to $2,695 Amid $7.85M Short Liquidation

Ether (ETH) surged by 2.26% in four hours to $2,695 on September 24, marking its second significant move in a short period. The price climb was measured at 10:32 a.m. ET (14:32 UTC), with the change calculated from Binance's ETH/USDT market data.

The sharp increase extended Ether's 24-hour gain to 1.64%, making it one of the top performers in the cryptocurrency market by market capitalization. During this time, $7.85 million worth of short positions were liquidated across Binance, Bybit, and OKX, compared to $220,000 in long liquidations.