CoinOtag
2024-06-13 00:04:32

Ethereum [ETH] Sees Surge in Long Liquidations and Decline in Derivatives Market

Ethereum (ETH) traders experienced a significant surge in long liquidations in the past day. The options trading volume for ETH and Open Interest have both dwindled remarkably. According to Coinglass, the altcoin’s long liquidations hit a peak not seen since late May, reflecting volatility. This article explores the recent decline in Ethereum’s derivatives market, amidst

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.