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Ethereum Rebounds 31% As Short Liquidations Fuel Rally

Blocknomi Published 23.08.2026 23:18

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…

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Market Prices

Bitcoin

Bitcoin

$63,111.35

BTC 0.01%

Ethereum

Ethereum

$1,678.64

ETH 1.11%

XRP

XRP

$1.17

XRP 2.73%

Solana

Solana

$66.79

SOL 1.85%

Cardano

Cardano

$0.17

ADA 4.12%

Stellar

Stellar

$0.20

XLM -0.73%

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