Ether (ETH) rallied 6.3% to $1,350 on Dec. 13, mimicking a similar failed attempt that took place on Nov. 10. Despite reaching the highest level in 33 days, the gains were not enough to instill confidence in traders according to two key derivatives metrics.
Bulls’ frustrations can partially be explained by Binance facing a near-record $1.1 billion in withdrawals over a 24-hour period. The unusual behavior comes as the exchange attempts to put…
Source link
