A look at the situation from a capital-flow perspective: Maji was liquidated again on Hyperliquid, with only $16,600 left to transfer to Papertrade, and continues to go 100x long on ETH.
When the news breaks, two things are usually happening in the market at the same time:
· Capital that got in early is looking for an opportunity to exit
· Latecomers are stepping in to take over
The relative strength of these two groups determines the direction of the trend. $ETH 24h Trading volume was $470 million; check whether turnover has surged abnormally.
#ETH
When the news breaks, two things are usually happening in the market at the same time:
· Capital that got in early is looking for an opportunity to exit
· Latecomers are stepping in to take over
The relative strength of these two groups determines the direction of the trend. $ETH 24h Trading volume was $470 million; check whether turnover has surged abnormally.
#ETH