ethereum·56d ago
BTC.TOP Founder Jiang Zhuoer Shifts Remaining Capital to Ethereum
Chinese mining pool founder reverses bearish stance, puts remaining funds into ETH.
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Chinese mining pool founder reverses bearish stance, puts remaining funds into ETH.
Bearish traders lost over $1 billion in 24 hours as the total crypto market cap climbed 3.7%.
Bearish traders faced $1.06B in short liquidations as crypto market cap climbed 3.7% in a day.

Bitcoin's 50% drop pushes it into a historically bearish zone, dividing analyst opinions.

A record $13 billion in Bitcoin options is expiring, with bearish positioning suggesting potential downward pressure.

Rising exchange inflows and a 31% drop in futures open interest signal bearish sentiment for ETH.