What is the Situation with Ethereum (ETH)

#Spotpurchases on the ETH side have increased in volume since 11:00 and when we look at the details, we see that the purchases are mainly made by Binance and Coinbase

Similarly, there have been volume increases on the futures side since 13:00 and when we look at the details, we see that long transactions have been opened on the Binance side

The Funding Kate graph is negative, which shows us that short transactions are dominant, and if spot purchases continue to increase in this way, it will liquidate the short transactions in question

Via: CryptoPNZ

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