Ethereum has surged 34% recently after its MVRV ratio formed a bullish golden cross, signaling potential for further gains. Large holders (whales) are accumulating, and significant ETH outflows from exchanges suggest longer-term holding. However, Ethereum faces strong resistance between $2,722 and $2,970, a supply zone that must be overcome to target $5,000. The next major price band near $5,363 aligns with this target, but a pullback to around $2,235 remains possible before a sustained rise.
A cryptocurrency wallet linked to market maker Wintermute held $190.77 million in short positions on Hyperliquid as of August 24, with Ethereum as the largest short at $53.02 million, followed by Bitcoin and Solana. The wallet's short exposure increa...
Ethereum (ETH) price broke above $2,500, reaching its highest level since January, driven by $697 million inflows into US spot Ethereum ETFs and a $1.69 billion short squeeze over three days. Institutional interest is strong, with staking participati...
Bitcoin surged from around $64,000 to nearly $79,500 last week, supported by $2.6 billion in inflows to US spot bitcoin and ether ETFs, the strongest since October 2025. Improved liquidity from US Treasury bond purchases and clearer crypto regulation...
Jiang Zhuoer, founder of BTC.TOP, has shifted from a bearish to a bullish outlook on Ethereum, predicting it could outperform Bitcoin in the current market cycle. After closing short positions on ETH at a loss due to its rapid recovery, he now holds ...
Abraxas Capital, a London-based digital asset firm managing over $4 billion, has taken large short positions totaling around $783 million on Hyperliquid, including major tokens like ETH, Bitcoin, HYPE, and Solana. To hedge these short positions, the ...
