“Machi”’s ETH long position is once again in unrealized loss, with a liquidation price of $2,227.31.
$ETH is now at 2249.41, down 2.58% over 24 hours. Watch two things next: whether trading volume picks up and whether the price can sustain its move. This is somewhat negative, though it’s not unusual for prices to recover after a sell-off on bad news. Beyond price changes, turnover and open interest are also worth comparing.