Andrew Kang: ETH Leverage Rises Back to Levels Seen During ETF Speculation, May Put Pressure on ETH
Bitget2024/10/10 10:07
On October 10th, Mechanism Capital co-founder Andrew Kang posted on the X platform, “With ETH leverage back up to the levels seen during the ETF speculation, is there a good reason why this phenomenon is being driven by undirected long positions? If not, then this will put pressure on ETH.”
0
0
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.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Hong Kong SFC Finds Multiple Asset Management Company Violations
Bitget•2024/10/10 12:13
37 institutions forecast the U.S. monthly core CPI rate in September, most expected 0.2%
Bitget•2024/10/10 12:12
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$61,223.6
-1.35%
Ethereum
ETH
$2,400.93
-1.51%
Tether USDt
USDT
$0.9988
-0.06%
BNB
BNB
$569.38
-2.18%
Solana
SOL
$140.21
-1.70%
USDC
USDC
$0.9999
-0.01%
XRP
XRP
$0.5298
-0.34%
Dogecoin
DOGE
$0.1072
-3.30%
TRON
TRX
$0.1597
-0.23%
Cardano
ADA
$0.3381
-1.10%
Bitget pre-market
Buy or sell coins before they are listed, including SCR, MAJOR, OGC, MEMEFI, and more.
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now