🗞️ An address linked to Abraxas Capital continues to reduce its ETH leverage, with long exposure of about $350 million.
$ETH Currently at 2,490.57, down 2.79% today. When things turn somewhat negative, I generally prefer to hold off on making moves and wait for volatility to ease.
Keep an eye on USDT inflows and outflows to see whether off-exchange funds are moving in response. Further explanations from the parties involved may be worth watching; there could be more updates.
#Ethereum spot ETFs see $161 million in net outflows in one day #ETH
Personal notes only. Make your own trading decisions.
$ETH Currently at 2,490.57, down 2.79% today. When things turn somewhat negative, I generally prefer to hold off on making moves and wait for volatility to ease.
Keep an eye on USDT inflows and outflows to see whether off-exchange funds are moving in response. Further explanations from the parties involved may be worth watching; there could be more updates.
#Ethereum spot ETFs see $161 million in net outflows in one day #ETH
Personal notes only. Make your own trading decisions.