Ethereum Trading Strategies Adapt After Recent Market Volatility

Analysis from Odaily reveals a notable shift in Ethereum trading strategies following the market downturn experienced on October 11th. Traders who previously utilized 25x leveraged long positions have transitioned, closing out short positions and reopening long positions. This change has resulted in traders holding an estimated $43.834 million worth of ETH, with their liquidation price set at $3,150.92.