🚀🎉DeFi & Web 3 enthusiasts, gather 'round! #Bitcoin & #Ethereum prices surged by 4% in 24 hrs, thanks to optimism around a possible US spot ETF approval & gold's peak prices.💰📈

🤯BTC crossed $41K, extending YTD gains to 152%! Exchanges liquidated $220M worth of crypto futures over the weekend, with bullish longs accounting for 85%.🔥

🔍Interesting fact: Over $120M worth of BTC shorts were liquidated since Friday, while open interest grew 6% on Monday. BitMEX saw a 90% spike in open interest, hinting at a big player's massive bets!🎲📊

🤔What does this mean for traders? Large liquidations can signal local tops/bottoms, helping them position accordingly. It also indicates a short-term decline in price volatility.📉

🗣️So, what are your thoughts on this wild ride? Share your insights in the comments!👇💬 #DeFi #Web3 #cryptocurrency #ETFs