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Ethereum Price Forecast: ETH dips below $4,000, sparks heavy liquidations as REX-Osprey debuts staking Ether ETF
Ethereum (ETH) is declining below $4,000 on Thursday, accelerating liquidations among holders of long positions on ETH futures. Long liquidations surged above $400 million for the second time in four days as prevailing bearish sentiment in the crypto market continues to weigh on Ethereum. The decline comes after FXStreet noticed ETH funding rates flashed negative on Wednesday. Despite the prevailing bearish sentiment, REX Shares debuted the first Ethereum staking ETF in the United States. REX Shares and Osprey Funds have launched the first Ethereum ETF that provides investors access to staking rewards in the United ... (full story)
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