A hacker’s new address received 3,100 ETH from Tornado Cash and opened a Bitcoin long and an Ethereum short on Hyperliquid
Let’s look at both sides:
Reasons to be bullish: The bearish news coming out may actually mean there’s less uncertainty;
Reasons to be bearish: Confidence may be affected, and short-term buying could ease off;
My take: Both bulls and bears have a case. Ultimately, it comes down to how the price and trading volume of $ETH move.
$ETH is currently at 2,235.61, down 0.43% over 24 hours, with a 24-hour range of 2,223.15–2,251.54.
Just something to consider—not a recommendation to buy. Make your own decision.
Let’s look at both sides:
Reasons to be bullish: The bearish news coming out may actually mean there’s less uncertainty;
Reasons to be bearish: Confidence may be affected, and short-term buying could ease off;
My take: Both bulls and bears have a case. Ultimately, it comes down to how the price and trading volume of $ETH move.
$ETH is currently at 2,235.61, down 0.43% over 24 hours, with a 24-hour range of 2,223.15–2,251.54.
Just something to consider—not a recommendation to buy. Make your own decision.
