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Ethereum continues hinting at rally following reduced long liquidations

From fxstreet.com

Ethereum (ETH) has continued showing signs of a potential rally on Tuesday as most coins in the crypto market are also posting gains. This comes amid speculation of a potential decline following FTX ETH sales and normalizing ETH risk reversals. Daily digest market movers: FTX sale, normalized risk reversals, active wallet increase Ethereum's latest price movement is hinting at a potential rally. Here are key market movers driving the second-largest cryptocurrency: Since March 1, FTX and Alameda Research have deposited 20,350 ETH at strategic points right before a price dip, according to Spot On Chain. This insight ... (full story)

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  • Category: Fundamental Analysis