There is something going on ethereum (ETH) trading on Poloniex at 0.0114 BTC price wall.
Good morning everyone, I wake up and check out the cryptocurrency market capital. It is really amazing. I witness the shift of capital to cryptocurrency market and ETH is one of fast growing in term of price and volume from $35 to $113 billions in less than two months.
However, there is something strange going on here especially on Poloniex where there is selling wall for 55270 ETH volume approximately around ~20 million USD (6300 BTC) at 0.114 BTC (~$341.65). Please have a look at the attached images below:
I think I should call it firewall :-D
What do you think? What are the reason behind the selling wall?
Please comment and tell me if you understand the situation.
With Regards,
that is the northern wall in game of thrones
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lolz, maybe it need fire to break it. :-D
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Who knows. Profit taking?
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It seems so @pelagus
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