Crypto Driver

08/03 06:23

Spot sellers take the lead, derivatives overheat B

Spot sellers take the lead, derivatives overheat

Bearish momentum is gaining traction.

At press time, the Spot Taker CVD reflected a Taker Sell Dominant trend, showing that market sellers have outweighed buyers on centralized platforms, supporting the evidence of large whale transfers.

At the same time, CryptoQuant’s Futures Volume Bubble Map shows multiple overheating signals, indicating excessive leverage building up around ETH’s $3,400–$3,500 zone.

When paired with increasing sell-side activity, this leverage surge could become unstable if funding resets.

Naturally, any cascade of liquidations could intensify drawdowns, especially if prices waver below a major technical level.Ethereum-Futures-Volume-Bubble-Map-768x432.png

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