In the past 24 hours, traders have been increasing their short positions on ETH
Media reports that in the past 24 hours, traders have been increasing their short positions on ETH. Meanwhile, Grayscale Investments has withdrawn its application for an Ethereum futures ETF. Data shows that Ethereum is currently hovering around a key support level of $3,010, falling by 1.85% within the last 24 hours. The liquidation chart indicates that traders believe prices will fall in the short term; if prices rise by 3%, $345 million worth of short positions will be liquidated. If it falls by 3% to $2,920, long positions worth $237 million will be liquidated.
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