ETH'S ‘MOST HATED’ RALLY COULD TRIGGER $331M IN LIQUIDATIONS NEAR $4K, SAYS ANALYST
https://s.yimg.com/ny/api/res/1.2/SrLBHCj6MAbFhC8Tef1IKA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03Mzc-/https://media.zenfs.com/en/coindesk_75/f0a781313a44bc6ae61279d3c16b1481
✍️ Ether's summer surge has sparked debate among market analysts, with some attributing the rally to mounting short positions and shifting capital flows.
👉 Ether's price has surged, with some analysts attributing the rally to mounting short positions and shifting capital flows. 👉 The emergence of ETH treasury strategy companies, which are aggressively accumulating ether, is seen as a structural tailwind. 👉 Altcoins continue to underperform relative to ether, with ETH capturing a disproportionate share of market flows.
-- #CryptoBanter #Pentoshi #BenjaminCowen #technology
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