Trading Insight_DN
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$ETH Can the price continue to increase? To summarize the story for easy analysis, "A large amount of hacked ETH was transferred, but this balance may be frozen because it cannot be liquidated and the exchange must compensate for the loss of assets and buy back ETH => Basically, the supply has decreased and the amount of other money flowing in has increased... so it seems that the price of ETH has increased?"
But there is a downside that after the hack, Bybit, instead of buying ETH to cover the loss, used the method of cooperating with partners to secure bridge loans. Although it is said to be financially stable, where ETH goes now is the problem :))) $ETH
🔹 Increasing immediately is also reasonable because a large amount of ETH was frozen and ETH was collected. As the latest announcement, BB has collected 266k ETH ~ 1/2 of the hacked amount.
But MM is also capable of suppressing the price or reducing the price lower for a long time to handle this matter.
Headache huh….so according to you guys…how far can ETH go?
But there is a downside that after the hack, Bybit, instead of buying ETH to cover the loss, used the method of cooperating with partners to secure bridge loans. Although it is said to be financially stable, where ETH goes now is the problem :))) $ETH
🔹 Increasing immediately is also reasonable because a large amount of ETH was frozen and ETH was collected. As the latest announcement, BB has collected 266k ETH ~ 1/2 of the hacked amount.
But MM is also capable of suppressing the price or reducing the price lower for a long time to handle this matter.
Headache huh….so according to you guys…how far can ETH go?
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