Bernstein, the giant institution of Wall Street, explained the reason for the accelerated rise in cryptocurrencies in recent days.
Bernstein 9 January In a research report published on positive somehow stated that it started. First Bitcoin (BTC) and Ethereum (ETH) cryptocurrencies such as on the rise In the report, which is stated to have started, some altcoins across the market separating increasingly high performance shown has been reported.
The report recently rally making altcoins of the general Solana (SOL) and Lido DAO (LDO) as intensely Assets that are traded short was detected. Ability to withdraw staked ETHs in the next Ethereum network update cannot be brought investors who think LDO‘in short position received mentioned in the report detail was among. On the other hand, FTX bankruptcy of SOL to your downfall Investors who think that it will cause a lot of money in SOL short had taken the position.
However, short positions liquidation to be made and position holders to close positions LEFT and have to get LDO along with staying last 7 days in LDO approximately 62%, LEFT if about to 33% arriving increase in value lived. Bitcoin in the same timeframe 4.6% while Ethereum gains in value 7.7% gained value.
In the report, Ethereum the entire system essential element and when it started independent as the next your cycle at the top presence It was also stated that it will continue to be.
On the other hand, FTX bankruptcy west investors are still against cryptocurrency markets leery to be The report, which draws attention to the on new purchases USA in its place of Asia He stressed that he was leading the way.