Ethereum price has extended its losses by 2%, liquidating up to $10.06 million in long positions.
Santiment data shows ETH supply on exchanges has reduced by around 110,000 ETH in 24 hours, from 10.77M to 10.66M.
A break and close below $1,585 would spell doom for holders short-term, likely extending losses to $1,551, mid-August lows.
Ethereum (ETH) price continues on its load-shedding exercise for the fourth consecutive day, forming a dome-shape as it loses all the ground covered during the late September run, with on-chain data showing profit takers are showing no restraint
Ethereum profit booking continues
Ethereum (ETH) price has extended the slump almost 2% in the last 24 hours, a factor that might look negligible but has seen upwards of $10 million in long positions liquidated. #ETH #cryptocurrency
Santiment data shows ETH supply on exchanges has reduced by around 110,000 ETH in 24 hours, from 10.77M to 10.66M.
A break and close below $1,585 would spell doom for holders short-term, likely extending losses to $1,551, mid-August lows.
Ethereum (ETH) price continues on its load-shedding exercise for the fourth consecutive day, forming a dome-shape as it loses all the ground covered during the late September run, with on-chain data showing profit takers are showing no restraint
Ethereum profit booking continues
Ethereum (ETH) price has extended the slump almost 2% in the last 24 hours, a factor that might look negligible but has seen upwards of $10 million in long positions liquidated. #ETH #cryptocurrency