Some of the money flow is reflected in trading activity:
“Ethereum EIP-8450 proposal update: plans to introduce a quantum-resistant validator public key registration mechanism”
After the news comes out, I ask three money-related questions:
1. Is aggressive buying or selling stronger?
2. Has trading volume for $ETH (24h: $475 million) increased noticeably?
3. Have any large transactions moved funds off exchanges?
Only when all three point in the same direction does the news carry real weight; otherwise, it’s probably just noise.
There’s limited room for a story the market already knows to gain further traction.
#ETH
“Ethereum EIP-8450 proposal update: plans to introduce a quantum-resistant validator public key registration mechanism”
After the news comes out, I ask three money-related questions:
1. Is aggressive buying or selling stronger?
2. Has trading volume for $ETH (24h: $475 million) increased noticeably?
3. Have any large transactions moved funds off exchanges?
Only when all three point in the same direction does the news carry real weight; otherwise, it’s probably just noise.
There’s limited room for a story the market already knows to gain further traction.
#ETH
