In the last 24 hours, $102 Million in ETH contracts alone were liquidated as it continues to pump up roughly 7% on the day

It’s actually been a very interesting day in the crypto markets because BTC has stayed almost equal percentage wise, trading at roughly the high 57k level which usually pulls the market with it.

But the market is all over the place with some coins like Zcash down – 10% while Monero, IOTA, and Litecoin are all roughly trading between 3-5% higher, memecoins doing weird shit too with DOGE trading sideways and SHIB is up 9% after a large downward trend.

It’s hard to say if the ETH 2.0 upgrade is already priced in (I would assume so) but the markets are looking like a crappy heart monitor with the insane amounts of huge cliffs down and rises upward. Really makes you wonder if there’s a significant fight happening between institutions and whales pushing to pull the market up or down.

P. S. – Don’t short crypto 👍