Andrew Kang: ETH Leverage Rises Back to Levels Seen During ETF Speculation, May Put Pressure on ETH
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.”
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
Elon Musk: The Tesla and SpaceX stocks he holds make up almost all of his wealth
U.S. stock market opens with all three major indexes down, while the crypto sector shows mixed performance
Peter Schiff: Silver prices rose over 35% in December, but silver stock ETFs lagged behind
Trending news
MoreCrypto prices
More
