12-01-2021, 01:41 AM
In the last 24 hours, $102 Million in ETH contracts alone were liquidated as it cont
<!-- SC_OFF --><div class="md"><p>It's actually been a very interesting day in the crypto markets because BTC has stayed almost equal percentage wise, trading at roughly the high 57k level which usually pulls the market with it.</p> <p>But the market is all over the place with some coins like Zcash down - 10% while Monero, IOTA, and Litecoin are all roughly trading between 3-5% higher, memecoins doing weird shit too with DOGE trading sideways and SHIB is up 9% after a large downward trend.</p> <p>It's hard to say if the ETH 2.0 upgrade is already priced in (I would assume so) but the markets are looking like a crappy heart monitor with the insane amounts of huge cliffs down and rises upward. Really makes you wonder if there's a significant fight happening between institutions and whales pushing to pull the market up or down.</p> <p>P. S. - Don't short crypto ?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/shlammyjohnson"> /u/shlammyjohnson </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r5vwa4/in_the_last_24_hours_102_million_in_eth_contracts/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r5vwa4/in_the_last_24_hours_102_million_in_eth_contracts/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>It's actually been a very interesting day in the crypto markets because BTC has stayed almost equal percentage wise, trading at roughly the high 57k level which usually pulls the market with it.</p> <p>But the market is all over the place with some coins like Zcash down - 10% while Monero, IOTA, and Litecoin are all roughly trading between 3-5% higher, memecoins doing weird shit too with DOGE trading sideways and SHIB is up 9% after a large downward trend.</p> <p>It's hard to say if the ETH 2.0 upgrade is already priced in (I would assume so) but the markets are looking like a crappy heart monitor with the insane amounts of huge cliffs down and rises upward. Really makes you wonder if there's a significant fight happening between institutions and whales pushing to pull the market up or down.</p> <p>P. S. - Don't short crypto ?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/shlammyjohnson"> /u/shlammyjohnson </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r5vwa4/in_the_last_24_hours_102_million_in_eth_contracts/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r5vwa4/in_the_last_24_hours_102_million_in_eth_contracts/">[comments]</a></span>Kind Regards R