Ethereum to See Intense Rally After Liquidating $50 Million in Short Positions

Ethereum to See Intense Rally After Liquidating $50 Million in Short Positions

Ethereum’s intense momentum stalled after it peaked at $145 this weekend. The cryptocurrency now appears to be well-positioned to see further upside, as this momentum significantly bolstered its market structure.
The recent movement that led ETH to rally from the lower-$200 region to highs of $245 left a trail of destruction in its wake, liquidating more than $50 million in leveraged positions.
It…

View On WordPress

Sending
User Review
0 (0 votes)