A whale who opened a $187 million leveraged long position had their $11.74 million ETH long position liquidated.
My takeaway: When bad news hits, everyone wants to run. The real bottom often comes when very few people are willing to buy.
Whenever I see news like this, there’s always someone around me who gets carried away. I’d rather take things a little slower.
$ETH Intraday -0.64%

Just my personal opinion, not a basis for buying or selling.