This key Ethereum price metric shows ETH traders aren’t as bearish as they appear
Traders keep saying ETH price will collapse below $1,600 soon, but a key trading metric shows most are unwilling to place bearish bets below $1,900.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Traders keep saying ETH price will collapse below $1,600 soon, but a key trading metric shows most are unwilling to place bearish bets below $1,900.
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Ran Neuner Says Social Trading Apps Will Replace Exchanges Like Binance
Ran Neuner, founder and CEO of Crypto Banter, expects crypto exchanges to lose their traders to apps built around seeing and follo...
The year’s second-largest XRP hack is spilling over to Bitcoin and Ethereum
The D’CENT wallet hack, the year’s second-largest drain of XRP behind the Bitget crypto exchange hack, has spilled beyond the XRP...
USDT grew on Ethereum through 2024, but smart contract holdings stalled, BIS data show
More USDT was issued without a sustained rise in balances held by smart-contract accounts on Ethereum, according to a Bank for Int...
South Korean Regulator Considers Legalizing Crypto Market Making, Tighter Exchange Oversight
South Korea’s Financial Services Commission will review whether to allow crypto market making, a senior official said Monday, as h...
Lido’s 1,500 ETH reserve target could slow stETH withdrawals in a crunch
When stETH holders seek ETH through Lido’s withdrawal queue, the protocol can use ETH in its buffer to finalize their requests. So...
Bitget says Bitcoin withdrawals are open after $387M hack, but ETH and USDT must wait
At about 04:20 UTC Monday, Bitget's public feed showed BTC and ETH futures trades taking place after the exchange's Sept. 24 secur...