Let the data speak: $ETH 2228.82 (24h -3.96%)
Now, the news: A major whale closed a $100 million long position for a $17.78 million profit, then opened a short position of 20,000 ETH.
When faced with bearish news, everyone wants to run. The final low often comes where nobody dares to buy. Checking whether trading volume changed significantly before and after the news is the simplest way to test this.
Now, the news: A major whale closed a $100 million long position for a $17.78 million profit, then opened a short position of 20,000 ETH.
When faced with bearish news, everyone wants to run. The final low often comes where nobody dares to buy. Checking whether trading volume changed significantly before and after the news is the simplest way to test this.
