đ $ETH LIQUIDITY SINKING, BUT WHALE SURGE AHEAD? đŠ
Open interest on $ETH plunged 35.8% across major exchanges since late September, wiping out roughly $3.1âŻbn of derivative exposure. The drop wasnât uniform â one platform saw a 51.6% plunge while another barely dipped 16.4%, signaling a selective liquidity vacuum. đđŠ
On NovâŻ2, Tether burned $4âŻbn of USDT on Ethereum â the biggest burn since Julyâs $5âŻbn operation that preceded a 57% ETH surge. That burn could be genuine redemptions or a treasury shuffle, but history hints a potential upside swing. âĄđĄđ
đŹ Do you see the next ETH rally brewing or is the sellâoff still in control? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #ETH #LiquiditySweep #WhalePlay #Crypto
đ„ đ
Open interest on $ETH plunged 35.8% across major exchanges since late September, wiping out roughly $3.1âŻbn of derivative exposure. The drop wasnât uniform â one platform saw a 51.6% plunge while another barely dipped 16.4%, signaling a selective liquidity vacuum. đđŠ
On NovâŻ2, Tether burned $4âŻbn of USDT on Ethereum â the biggest burn since Julyâs $5âŻbn operation that preceded a 57% ETH surge. That burn could be genuine redemptions or a treasury shuffle, but history hints a potential upside swing. âĄđĄđ
đŹ Do you see the next ETH rally brewing or is the sellâoff still in control? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #ETH #LiquiditySweep #WhalePlay #Crypto
đ„ đ