Analyst: The net outflow of over 40,000 ETH from the derivatives exchange in recent days may indicate a reduction in selling pressure
September 9 news, CryptoQuant analyst Amr Taha stated in a post that the net outflow from derivative exchanges recently exceeded 40,000 ETH. This may indicate a decrease in selling pressure for ETH or a reduction in the amount borrowed for new short positions. Note: The net flow of ETH on derivative exchanges is calculated by the difference between inflows (ETH deposited into the exchange) and outflows (ETH withdrawn from the exchange)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Another $1.5 billions before IPO! Nvidia (NVDA.US) increases investment in SB Energy, reaching a total of $3 billions
Nvidia will further increase its investment in SB Energy Inc., a data center infrastructure provider backed by SoftBank Group, ahead of SB Energy’s planned US initial public offering (IPO). Nvidia plans to invest an additional $1.5 billion, bringing its total investment in SB Energy to $3 billion.
BrightSpire Capital to redeem commercial real estate CLO on Oct. 19, 2026