Greeks.live: Market Participants are Bearish on Ethereum, Many Ancient Whales Exit the Market
According to Odaily, Greeks.live macro researcher Adam released a briefing in the Chinese community indicating that market participants are clearly bearish on Ethereum, considering it to be underperforming compared to Bitcoin, and many ancient whales are exiting the market. In contrast, Bitcoin has surpassed $88,000, with most traders being cautiously bullish, believing the market is about to break upwards.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: A newly created address withdrew 1,614 ETH from CEX about 3 hours ago, worth approximately $5.03 million.
Data: 38.02 WBTC transferred from Julian Tanner, worth approximately $3.4254 million
Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish
Trending news
MoreCrypto prices
More
