Arman Shirinyan
Ethereum’s downtrend is far from being over as more exchanges offer high interest rate to those who are willing to short
FTX centralized exchange could be one of the biggest sources of selling pressure on Ethereum and other cryptocurrencies by funding traders who are willing to provide their coins in exchange for a high APY. Such a strategy creates massive pressure on an asset that is already struggling to maintain above local support levels.
Essentially, FTX is…
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