2026-10-28 20:43:39
ETH posts a 0.59% short-term pullback over 15 minutes: News of Bitmine’s holdings failed to provide a boost, while the buy-sell imbalance intensified selling pressure
From 20:15 to 20:30 UTC on October 28, 2026, ETH saw a sharp short-term pullback. The 15-minute candle fell 0.59%, with prices ranging from 2,350.19 to 2,366.84 USDT and an amplitude of 0.70%. The move coincided with an imbalance in Order Book liquidity: the bid-to-ask ratio fell to just 0.0046, with selling pressure clearly dominant. Traders opted to take short-term profits despite the positive news. The pullback was driven by more than one factor. News that Bitmine disclosed holdings of approx