Trump-backed American Bitcoin Corp expanded its holdings to 4,004 BTC, reinforcing its crypto treasury amid market swings and underscoring ongoing institutional demand for Bitcoin.
NEAR Protocol experienced a notable 4% rebound following a 12.8% correction, highlighting resilient user engagement amid market fluctuations. This uptick reflects a growing confidence in the platform, as developers and users continue to flock to its expanding ecosystem.
ATOM has experienced a significant surge of over 4% as broader market trends bolster investor confidence. The Cosmos ecosystem continues to attract institutional interest, highlighting its growing potential and solidifying its position in decentralized finance.
**Ethereum Sell Side Liquidity Dwindling: $4,000 on the Horizon?**
Get ready, Ethereum enthusiasts! The sell side liquidity on centralized exchanges (CEXes) has been evaporating like a mirage in the desert. Could this be the catalyst for a colossal price surge?
Behind this liquidity crisis lies a tale of two worlds. Decentralized exchanges (DEXes) are stealing the show, offering traders a haven of anonymity and competitive pricing. Meanwhile, the skyrocketing value of Ethereum has lured investors to cash out, further depleting the liquidity on CEXes.
As the sell side liquidity continues to vanish, the stage is set for a potential price explosion. With less Ethereum available for the taking, buyers will face an uphill battle to secure their share.
[Disclaimer: This excerpt is for informational purposes only and should not be considered investment advice.]