Quick review at the funding level: addresses with total profits exceeding $128 million reduced their ETH short positions by about $10.35 million
$ETH 24h trading volume was $389 million, price -2.07%. Whether the trading volume is large during a decline determines whether this is panic selling or a low-volume shakeout; news is only a catalyst, and what ultimately matters is money.
$ETH 24h trading volume was $389 million, price -2.07%. Whether the trading volume is large during a decline determines whether this is panic selling or a low-volume shakeout; news is only a catalyst, and what ultimately matters is money.