ETH's Underperformance Linked to Miscalculation over Bybit's ETH Purchases

According to BlockBeats, Ether's recent underperformance may be attributed to a miscalculation by traders who expected Bybit to actively purchase ETH on the open market. This assumption proved incorrect, leading traders to close their positions. Most of these transactions were conducted over-the-counter (OTC), which appeared to provide sufficient liquidity to meet the demand. source: https://www.binance.com/en/square/post/20763757266785?utm_source=BinanceNewsRSS