#WhaleDeRiskETH and #ADPDataDisappoints
âThe trending #WhaleDeRiskETH hashtag follows massive institutional de-leveraging on the Aave protocol. Fearing a total market washout, whales have been shedding $ETH to protect their collateral positions as global markets face a "flash crash".
âThis panic is being fueled by #ADPDataDisappoints , which showed private sector jobs only added 22,000 positions against a 48,000 forecast. This mixed labor data is signaling economic cooling that usually hits risk assets first.
âđ $ETH is testing critical support at $2,100. Will it hold?
â#Write2Earn #WhaleDeRiskETH #ADPDataDisappoints #EthereumCorrection
ETHUSDTPerp1,969.8-0.94%
AAVEUSDTPerp112.57+2.31%

