The ETH leverage has exploded! 2.5 billion dollars have flooded in, only to be kicked back to reality by $28,000!
This wave is really exciting——
The open interest and trading volume of $SETH priced in ETH nearly touched an all-time high!
Just last week, leveraged funds rushed in like crazy, surging over 2.5 billion dollars in just a few days!
But before the crazy bulls could enjoy it, the 'death resistance' at $28,000 slapped them awake, and the price quickly turned around, instantly liquidating all positions.
