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coinpedia 2024-04-12 20:00:38

Ethereum Traps Aggressive Buyers As ETH/BTC Ratio Declines, Triggering $100 Million In Liquidations

The post Ethereum Traps Aggressive Buyers As ETH/BTC Ratio Declines, Triggering $100 Million In Liquidations appeared first on Coinpedia Fintech News Ethereum’s price has experienced a significant decline in recent hours, following a robust correction across the cryptocurrency market, which saw Bitcoin’s price fall toward $65,000. Notably, various on-chain indicators for Ethereum remain bearish, including a sharp decline in the ETHBTC ratio. This trend is strengthening sell positions and trapping aggressive buyers at each support level. …

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