Ether outperforms crypto market today with a 8% rally as $255 million wipeout defies bears
September 12, 2026 · 12:50 AM
Ethereum, the second-biggest crypto, jumped as much as 8.3%, its biggest move in three weeks. Traders who bet against it got burned. Over a 24-hour period, shorts on Ether totaled more than $255 million being wiped out. Shorts on Bitcoin, over the same period, saw losses totaling $172 million. Usually, Bitcoin sees the bigger leverage...
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