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ETH Sell-off Overblown, TradFi Likely To Buy The Dips

Key takeaways: Ether’s correction aligned with broader altcoin moves, with liquidations offset by stable open interest. Ether options and perpetual funding data show weaker bullish demand, but no derivatives-driven trigger for sell-off. Ether (ETH) faced a 9.2% correction in less than 12 hours following a risk-off move in the cryptocurrency market. Despite more than $500 […]