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Ethereum has broken through another milestone, hitting a new all-time high of $4,940. The move comes as capital rotates out of Bitcoin and into altcoins, with Ethereum leading the charge.

The surge has already triggered over $80M in liquidations, mostly short positions betting against ETH. At the same time, ETH futures open interest has reached a record $71B, signaling heightened speculation and market activity.

With Bitcoin dipping back to $112,000 and Ethereum eyeing the $5,000 resistance, the big question is whether Ether still has momentum to push higher.

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15 years ago a man paid 10000 BTC for 2 Pizzas 🍕 And Now 1.52 B

[Finance, Bitcoin, Papa John's, India, Crypto, Ethereum, Forex]