Early investors are likely sitting on significant gains and could choose to take profits, contributing to immense selling pressure. As such, immediately available liquidity on OP token pairs across decentralized and centralized exchanges is under $10 million – and a single sell order of $600,000 could dunk prices 2% further on Binance.
Related posts
-
$3,000 Gone Overnight: Bitcoin’s Slide Sparks Global Crypto Shakeup
Bitcoin’s value slid early Monday, dipping beneath the $94,000 mark. In the past 24 hours, a... -
Metaplanet Picks up 620 Bitcoin as Ripple Token Leads Market Lower
XRP dropped 3% in the past 24 hours, leading losses among major tokens as bitcoin (BTC)... -
Ethereum Price Back In The Red: A Deeper Drop Ahead?
Este artículo también está disponible en español. Ethereum price extended losses and dropped below the $3,550...