Ethereum to See Intense Rally After Liquidating $50 Million in Short Positions

Date : 06/02/2020 @ 12:00AM
Source : NEWSBTC
Stock : Ethereum (ETHUSD)
Quote : 225.15000000  -3.99000000 (-1.74%) @ 12:38PM
Ethereum share price Chart

Ethereum to See Intense Rally After Liquidating $50 Million in Short Positions

Ethereum’s intense momentum stalled after it peaked at $145 this weekend. The cryptocurrency now appears to be well-positioned to see further upside, as this momentum significantly bolstered its market structure. The recent movement that led ETH to rally from the lower-$200 region to highs of $245 left a trail of destruction in its wake, liquidating...

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