Ethereum Price Under Pressure: Whales, Derivatives Market Exits Signal Waning...
After dipping below $1,800 earlier in the month, the price of Ethereum has since reclaimed the $2,000 level, which is considered a psychological support zone for many traders. Over the past week, though, the price showed mild downward pressure, struggling to hold sustainably above the $2,000 level. Whale Activity Signals Potential Volatility Surge In Ethereum Markets In a post on the X platform, crypto analyst Joao Wedson stated that there has been a major shift in the behavior of Ethereum’s large holders. The market pundit also pointed out that something deeper may be happening under the....
Related News
The Ethereum price latest market slump has placed Wall Street veteran Tom Lee’s ambitious $1.3 billion in ETH treasury bet under severe pressure, as whales and institutional funds begin to retreat from the world’s second-largest crypto asset. Related Reading: Here’s Why The Bitcoin Price Is Crashing – The OGs Are Selling Ethereum’s Price Drop and […]
On-chain data shows the number of Bitcoin holders with 10k+ BTC have grown recently, a sign of accumulation from whales. Number Of Bitcoin Whales Holding 10k Or More BTC Has Gone Up Recently As pointed out by an analyst in a CryptoQuant post, both the 1k+ and 10k+ BTC holders have observed some growth in recent weeks. Holders with 1k or more BTC are considered whales, and movement from them can have noticeable impacts on the Bitcoin market. The relevant indicator here looks at all wallets on the network to see how many own between 1k and 10k BTC and how many are holding more than 10k BTC.....
On-chain data shows whales are sending their Bitcoin from spot exchanges to derivatives, indicating that they are building up their positions. Bitcoin Whales Build Up Their Positions On Derivative Exchanges As pointed out by a CryptoQuant post, Bitcoin whales seem to be moving their crypto from spot exchanges to derivative exchanges. The relevant indicator here is the “all exchanges to derivative exchanges flow mean,” which shows the total amount of coins being transferred from spot exchanges to derivative exchanges. When the value of this metric shows continuous high values,....
Ethereum is holding above the $2,000 level as selling pressure begins to build again, placing the market at a critical inflection point after a short-lived recovery. While ETH has managed to stabilize above this psychological threshold, recent price action suggests that momentum remains fragile, with sellers gradually regaining control following the latest push higher. Related Reading: Ethereum Exchange Inflows Signal Shift: Whales Reduce Selling Pressure Despite this renewed pressure, underlying on-chain data is signaling an important structural development. According to a CryptoQuant....
Bitcoin’s price has seen waning momentum over the past couple of days, with the selling pressure in the mid-$13,000 region slowing its ascent as bulls struggle to maintain their recent strength. Yesterday, the benchmark cryptocurrency surged to its yearly highs at over $13,300, but the selling pressure here was quite significant and stopped it from […]