Ethereum bears outnumber bulls as short positions soar

2023-8-24 06:30

ETH short positions have climbed to their highest level this year. Non-stop distribution amongst daily traders puts the coin at risk of further decline.  Short positions opened against leadThe post Ethereum bears outnumber bulls as short positions soar appeared first on AMBCrypto.

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3X Short Bitcoin Token (BEAR) на Currencies.ru

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short positions ethereum soar bears outnumber bulls

Источник: ambcrypto.com

short positions → Результатов: 126


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On-chain data shows the Bitcoin reserve of derivative exchanges has surged up recently as the price of the crypto has continued to crash down. Bitcoin Derivatives Exchange Reserve Observes Sharp Uptrend As explained by an analyst in a CryptoQuant post, the crashing BTC price may be forcing whales and long-term holders to open short positions in order to hedge their portfolios.

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Bitcoin underwent a mini flash crash on Wednesday as its price fell from $59,400 to nearly $57,000 in just five minutes of trading. Analysts blamed overleveraged long positions for the downside move, with the plunge liquidating about $600 million worth of extended bullish contracts across major futures exchanges. The wipeout followed up with a short […]

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Token-based commodities DEX Mettalex launches on Binance Smart Chain and Ethereum

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