Ether.fi drops double digits – Why whale outflows are driving ETHFI’s slide

Share

Ether.fi (ETHFI) dropped double digits over the past 24 hours, with a 17% decline over 90 days and 65% over one year. The Funding Rate fell to -0.0101%, the lowest since April, with over 50% of the $57.33 million in contracts betting on a price decline. Whales are exiting massively with a $2.2 million netflow over 30 days. However, total value locked (TVL) reached $3.484 billion following a $261 million inflow since July 20, signaling commitment from retail and mid-sized investors.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles