A technical perspective | F2Pool co-founder Wang Chun continues to add to his ETH position: over $32 million in cumulative asset swaps and withdrawals over two days
The first pullback after the news broke is crucial: holding steady would indicate that buyers are still in the market. We’ll also have to see whether any news emerges in the opposite direction to offset it.
$ETH Currently at 2492.48, up 0.32% on the day.

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Just my personal opinion; don’t treat it as a basis for trading.