$ETH Exchange Netflow Update 馃毃

Recently, #ETH netflow to derivative exchanges has reached聽42,000聽twice.

馃敶聽Large Inflows: A big amount of #Ethereum has been sent to derivative exchanges, shown by red arrows.

鈿狅笍聽What This Means: This usually suggests traders might be opening聽short positions, especially with Ethereum getting close to the聽$3.5K resistance level.

Keep an eye on the market.

Ethereum