Some desperate sells stacking up here to hold the $1000 line.
Orderbooks across most exchanges, derivatives and spot, are grossly unprepared for $ETH to become a 4 digit shitcoin.
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Perps decimated the line. But most of the supply is from spot, in particularly Binance
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Coingy?
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Grip it and rip it
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So what happens, it creates some kind of vacuum if fails ? What’s the endgame and what should they have done to be prepared ? Have collateral and get some liquidity running ? Thanks for your takes, always
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can't wait for them to chug that 28k sell and start the hundy roll
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