Derivatives data shows pro traders turning bullish on EOS price
Retail traders turned their backs on EOS, but derivatives data shows pro traders maintaining a bullish perspective for the short-term. EOS rallied in May after Block.one, a blockchain software firm, announced a $10 billion funding round to build an EOS-based crypto exchange platform called Bullish. The EOSIO development company revealed that it had raised capital from Peter Thiel and Mike Novogratz, as well as hedge fund managers Alan Howard and Louis Bacon.In light of the 'bullish' news, the recent $6 local top stands 60% below the $15 high reached on May 12, and this leaves investors....
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