Post #3005

ETH is running on leverage fumes. 2025 is the year Ethereum officially turned into a pure speculation engine. For every $1 spot, there’s $5 in ETH futures. Binance alone pushed $6.7 Trillion in ETH futures, double last year. Other exchanges show the same madness. Despite all this record-breaking futures activity, 2025 has been ETH’s worst performance year ever, 9 straight months in the red. Price is being dragged around by leverage junkies, not real buyers. That’s why the price action is sloppy…Wicks are huge…and even the new ATH was barely few dollars higher.