Opinion: Ethereum's poor performance may cause traders to close their positions after realizing that Bybit will not buy heavily ETH

Crypto 7x24

2025-02-25 10:16:40

5009

On February 25, Cointelegraph reported that one possible reason for Ethereum's poor performance was that traders who had expected Bybit to actively buy ETH on the open market were forced to close their positions after realizing that this assumption was wrong. Most transactions are conducted through OTC, which seems to provide enough liquidity to absorb demand.

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