Ethereum’s profits rise as trading activity increases due to USDC and SVB saga Short sellers face the heat as their positions get liquidated The aftermath of the collapse of SVB and Signature bank has been felt by the stablecoin market and various holders alike. However, Ethereum [ETH] managed to benefit from the chaos that ensued
![USDC, SVB saga fuels massive profits for Ethereum [ETH] as Shanghai looms](https://images.cryptocompare.com/news/default/ambcrypto.png "USDC, SVB saga fuels massive profits for Ethereum [ETH] as Shanghai looms")
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