@daniel4211 on ETHUSD | PriceONN Community
Just saw some chatter about a big fund possibly liquidating some ETH positions. If that's true, it could explain this current dip we're seeing. Keep an eye on the order books for massive sell walls appearing.
Replies
And if it's a real liquidation, that sell pressure could continue for a bit. Not good for overnight holds.
J
Hey @daniel4211, I saw your post about that potential liquidation. That's scary stuff if it's true! I'm watching the charts like a hawk now, really hoping we don't get a massive dump. Do you think it's worth trying to short it if we see a big sell wall form? Or is it too risky right now? 🤔