Playing devil’s advocate: Machi added about $3.02 million worth of ETH today.
Most people see this as bullish, but what I’m wondering is: was this already priced in? It’s not uncommon for prices to spike and then pull back on the day good news breaks.
$ETH 24h +0.4%. Look at the data and pay less attention to the spin—you’ll avoid a lot of pitfalls.
Just my personal take; take it for what it’s worth. Not financial advice.
Most people see this as bullish, but what I’m wondering is: was this already priced in? It’s not uncommon for prices to spike and then pull back on the day good news breaks.
$ETH 24h +0.4%. Look at the data and pay less attention to the spin—you’ll avoid a lot of pitfalls.
Just my personal take; take it for what it’s worth. Not financial advice.