A look at it from the positioning angle: GGV Treasury operations to wind down; Lido holders can redeem wstETH before November 17
When the news broke, two things usually happened in the market at the same time:
· Early-positioned traders looked for a chance to exit
· Traders who came in only after seeing the news started buying in
Which group is larger determines where the price goes. $LDO 24h: $1.72 million in trading volume. Watch for any abnormal spike in turnover.
When the news broke, two things usually happened in the market at the same time:
· Early-positioned traders looked for a chance to exit
· Traders who came in only after seeing the news started buying in
Which group is larger determines where the price goes. $LDO 24h: $1.72 million in trading volume. Watch for any abnormal spike in turnover.