Ethereum $1,500 June Dip at 81.5% as Mt. Gox Cascade Deepens Into Fifth Day
The ETH $1,500 June dip contract reached 81.5% as of 13:50 UTC Saturday — up 25pp from its Friday open — as Mt. Gox cascade pressure deepens through month-end.
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The Ethereum $1,500 June dip contract sits at 81.5% as of 13:50 UTC Saturday — up 25pp from its 0.565 session open on Friday — as the Mt. Gox liquidation cascade sustains trader conviction that ETH will touch $1,500 before month-end. Orakll's June 5 coverage documented the breach of $1,700 that preceded this surge.
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