Critical Warning for This Altcoin: Whales Are Turning to Short Positions
Photo: Bitcoin Sistemi
As concerns grow about selling pressure on Ethereum (ETH) in the cryptocurrency market, analyst Joao Wedson noted a significant shift in the positions of large investors and suggested a new wave of liquidations could be on the horizon. According to data shared by Wedson, Ethereum's 30-day and 180-day open interest delta (OED) are both in negative territory. The Whale vs. Small Investor delta indicator, which shows the difference in positions between whales and individual investors, is similarly trending negative.
Source: Bitcoin Sistemi
