A big player’s 25x leveraged ETH long is down over $30,000, with the liquidation price about 1% away—after news like this, I watch large orders first, then the price.
The news looks negative on the surface, but to see whether it was already priced in, compare prices over the past few days. Prices tend to follow the direction of fund flows; the news is just a pretext.
$ETH (24h -2.39%).