A look at the market positioning: total profits of about $40.97 million. One address flipped from a long ETH position to a short position holding about $3.16 million worth of ETH.
When news breaks, two things are often happening in the market at the same time:
· Early movers are taking profits
· Latecomers are entering the market
Whichever group is larger determines the direction of the trend. $ETH 24h trading volume: $849 million. Watch to see whether volume suddenly spikes.
When news breaks, two things are often happening in the market at the same time:
· Early movers are taking profits
· Latecomers are entering the market
Whichever group is larger determines the direction of the trend. $ETH 24h trading volume: $849 million. Watch to see whether volume suddenly spikes.
