Ethereum Sparks Market Rebound Following Historic $20 Billion Liquidation
Asia’s crypto markets have shown signs of recovery after a turbulent weekend marked by the largest liquidation event in cryptocurrency history, totaling approximately $20 billion. Bitcoin stabilized near the $115,000 mark following a sharp 9% decline last Friday and a moderate rebound over the weekend. Meanwhile, Ethereum led the resurgence, climbing back to around $4,150 after dropping nearly 17% at the market’s lowest point. The swift recovery in Ether is attributed to the rapid unwinding of leveraged positions and renewed activity within decentralized finance (DeFi) protocols. Other tokens also experienced notable gains. Solana surged 11% to $196, Bittensor posted a












