Ethereum Price Tanks After Spot ETF Launch: Sell-the-News Event or Short-Term Dip?
1 min read
Just a day after the highly anticipated launch of the US spot Ethereum ETF, the price of Ethereum has experienced a significant decline, exceeding 8% and dropping to as low as $3,150. This sharp drop has triggered substantial liquidations of long positions held in Ethereum over the past 24 hours.
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