How is real money voting?
If ETH breaks above $2,538, cumulative short liquidation pressure on major CEXs will reach $611 million.
Keep an eye on USDT flows—it’s the clearest indicator of whether off-exchange capital is coming in. My gut says things don’t look great, but the impact will depend on how much selling pressure follows.
$ETH , down 0.2% on the day.
#ETH
If ETH breaks above $2,538, cumulative short liquidation pressure on major CEXs will reach $611 million.
Keep an eye on USDT flows—it’s the clearest indicator of whether off-exchange capital is coming in. My gut says things don’t look great, but the impact will depend on how much selling pressure follows.
$ETH , down 0.2% on the day.
#ETH