Collateral value is approximately $350 million, and addresses linked to Abraxas Capital continue to reduce their ETH leverage—after news like this, I look at fund flows first, then the price.
This puts pressure on the short-term trend; the impact on fundamentals will depend on further information.
$ETH .
#Ethereum spot ETFs see $161 million in net outflows in a single day
Personal observation, not a recommendation to buy or sell.
This puts pressure on the short-term trend; the impact on fundamentals will depend on further information.
$ETH .
#Ethereum spot ETFs see $161 million in net outflows in a single day
Personal observation, not a recommendation to buy or sell.