Internet Computer (ICP) rises over 12% in 24 hours as short liquidations build near $3

Internet Computer (ICP) gained more than 12% over the past 24 hours, ranking third among CoinMarketCap’s top 100 by percentage gains. The move coincided with a breakout from a months-long range, heavy short liquidations clustered at $2.78 and $2.97, and rising on-chain activity including token burns and higher monthly transaction volume.