ETH Trapped Below $1.7K Raises Call For Another “Selling Wave”
Ether’s (ETH) exchange and derivatives data turned weaker over the past month. Binance recorded net inflows of 57,700 ETH, while futures open interest fell to a year-low of $10.3 billion from $15 billion, and the ratio of leveraged positions retreated sharply from their early June highs. The combination of rising exchange supply, muted new participation,...
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