Eric Trump, the second son of Trump, posted that people should stop betting on the decline of BTC and ETH

ChainCatcher news, according to Cointelegraph, the price of Ethereum has surpassed $4000, leading to approximately $105 million in short positions being liquidated. Eric Trump, son of former U.S. President Donald Trump, posted on social media: "It's delightful to see ETH shorts being liquidated; I recommend stopping the shorting of BTC and ETH."

Market data shows that Ethereum reached a daily high of $4060, with a 24-hour increase of 4.6%. Market analysis indicates that if it breaks through the key level of $4100, it could trigger a larger-scale short squeeze.