In the past 24 hours, traders have increased their short positions in ETH, while Grayscale Investments withdrew its application for an Ethereum futures ETF. Data show that Ethereum is currently hovering near the key support level of $3,010, down 1.85% in the past 24 hours.
The clearing chart shows that traders are more confident that the price will fall in the short term, and if the price rises by 3%, the short position of $345 million will be liquidated. If it falls by 3% to $2,920, the long position of $237 million will be liquidated.
Traders have increased their short positions in ETH over the past 24 hours
2024-05-08 06:19:45
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