Q: Wang Chun, co-founder of F2Pool, has continued adding to his ETH holdings. Over the past two days, his asset swaps and withdrawals have totaled more than $32 million. What impact could this have on the market?
A: This is a mildly positive development and good for fundamentals, but intraday price action will still depend on sentiment. Don’t chase the news in the first minute after it breaks; wait for the candlestick to close before deciding.
$ETH , 24h +0.33%.
This is just my personal opinion, not a basis for buying or selling.
A: This is a mildly positive development and good for fundamentals, but intraday price action will still depend on sentiment. Don’t chase the news in the first minute after it breaks; wait for the candlestick to close before deciding.
$ETH , 24h +0.33%.
This is just my personal opinion, not a basis for buying or selling.