A wallet linked to a BlackRock ETF transferred about $202.54 million worth of Bitcoin $BTC and Ethereum $ETH to exchanges, including 52,488 ETH $ETH .
The current price is 2,498, down 1.67% in 24 hours. The account long/short ratio is 2.63, and the top traders' position long/short ratio is 1.61. Long accounts are clearly more crowded, but the funding rate is only 0.0021%, with about 2,299,553 ETH still in open interest, worth roughly $5.744 billion. Positioning is lopsided, yet the cost of capital remains low. The 7-day high and low are 2,725.13 and 2,406.11; the current price is about 29% of the way through that range, with the 24-hour low of 2,409.09 right at its heels. Visible liquidations are about $390,000, so this move has yet to flush out leverage.
The coins have entered exchanges. I’ll keep watching to see whether 2,409.09 holds and whether the long/short ratio gets squeezed higher from 2.63.
#资金流向 #持仓
The current price is 2,498, down 1.67% in 24 hours. The account long/short ratio is 2.63, and the top traders' position long/short ratio is 1.61. Long accounts are clearly more crowded, but the funding rate is only 0.0021%, with about 2,299,553 ETH still in open interest, worth roughly $5.744 billion. Positioning is lopsided, yet the cost of capital remains low. The 7-day high and low are 2,725.13 and 2,406.11; the current price is about 29% of the way through that range, with the 24-hour low of 2,409.09 right at its heels. Visible liquidations are about $390,000, so this move has yet to flush out leverage.
The coins have entered exchanges. I’ll keep watching to see whether 2,409.09 holds and whether the long/short ratio gets squeezed higher from 2.63.
#资金流向 #持仓