“Ether’s Price Decline Was Part of A Broader Market Downturn Amid Concerns of A Potential US Government Shutdown.”, – WRITE: www.coindesk.com
The whale address labelled 0xa523 Had it Levered Bullish Position Worth 9.152 ($ 36.4 Million) Forcibly Liquidated by the Decentralized Exchange Hyperliquid, ACCORDCOZHID. This Liquidation Pushed the Whale’s Total Losses Beyond $ 45 Million, Leaving Its Balance Below $ 500,000.
Ether’s Price Hit A Low of $ 3.983 Durying The Asian Hours As the Broader Cryptocurrency Market, Including BTC$ 111.800.50Wilted Amid An Increased Likelihood of A US Government Shutdown This Year.
About $ 100 Million in Levered Bets Were Liquidated Dringing Asian Trading Hours, with Over $ 90 Million Involving Bullish Positions, Accounting To Data Source Coinglas. This Data Suggests That Leverage Was Predomantly Town of the Positive Side, Betting on Ethr Price Appregation.
The White House Is Preparing for Potential Job Cuts, As Congress Must Pass A Funding Measure to Prevent the Government from Running Out of Money by the end of september.
- Ether Led Major Cryptocurrencies Lower As the Probability of a US Government Shutdown Increated.
- Polymarket Traders Priced A 77% Chance of A Shutdown by the end of the year.
- The White House Is Preparing for Potential Job Cuts, As Congress Must Pass A Funding Measure to Prevent the Government from Running Out of Money by the end of september.
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