Opinion: A high holding volume is a significant factor hindering the rise of Ethereum
KOL Crypto Big Hunter posted on social media that from the perspective of leverage, excessive positions are a major factor hindering Ethereum's rise. After Ethereum plummeted on February 3rd, its holdings declined slightly and continued to decrease during recent fluctuations. However, they are still too high, so Ethereum needs to further reduce leverage through fluctuating declines.
![News Image 0](https://img.bgstatic.com/multiLang/web/a5afefc9a9bf1e08291c77ea0e8b8be9.jpeg)
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
Wall Street Bullish on Gold, Gold-Backed Tokens Perform Strongly
In the past 7 days, 63513.57 Bitcoins have flowed into exchange wallets
50,000 ETH has been transferred from ETHDev to an unknown wallet
Swarms briefly broke through $0.055
Trending news
MoreCrypto prices
More![Bitcoin](https://img.bgstatic.com/multiLang/coinPriceLogo/bitcoin.png)
![Ethereum](https://img.bgstatic.com/multiLang/coinPriceLogo/ethereum.png)
![Tether USDt](https://img.bgstatic.com/multiLang/coinPriceLogo/0208496be4e524857e33ae425e12d4751710262904978.png)
![XRP](https://img.bgstatic.com/multiLang/coinPriceLogo/ripple.png)
![Solana](https://img.bgstatic.com/multiLang/coinPriceLogo/solana.png)
![BNB](https://img.bgstatic.com/multiLang/coinPriceLogo/binance.png)
![USDC](https://img.bgstatic.com/multiLang/coinPriceLogo/usdc.png)
![Dogecoin](https://img.bgstatic.com/multiLang/coinPriceLogo/dogecoin.png)
![Cardano](https://img.bgstatic.com/multiLang/coinPriceLogo/cardano.png)
![TRON](https://img.bgstatic.com/multiLang/coinPriceLogo/tron.png)