🐋 Watch the order book: the "Machi" Ethereum long position is only about $36 away from liquidation, and the account's net asset value is only $288,000 left.
$ETH 24h trading volume was $767 million, price -4.84%. Whether volume expands on the decline determines whether this is concentrated selling or a normal pullback; news is only a catalyst, and in the end, money has the final say.