Ethereum's exchange reserves surged by 623,000 ETH in one week, signaling increased selling pressure as prices slipped below key support levels around $2,260. Large holders led the sell-off, while ETFs saw $130.6 million in outflows, reflecting bearish sentiment in the US market. Despite the price drop, on-chain data shows significant profit-taking by investors who bought ETH below $2,000, indicating cautious profit realization. Futures markets remain active with record open interest and positive funding rates, suggesting some traders are betting on price rebounds amid current volatility.
Ethereum's exchange reserves have fallen to about 14.9 million ETH, indicating less available supply for selling. Meanwhile, traders are increasing their exposure to ETH, as shown by rising Open Interest, which has recovered to $15.7 billion after a ...
Sahara AI (SAHARA) maintained heavy trading volume on Korea's Upbit exchange, trading around 65.9 won with a 24-hour turnover of about 68.9 billion won. The token entered the 'extreme greed' zone on sentiment indicators, reflecting strong buying mome...
Solana (SOL) dropped 5.6% to around $90, leading a broad sell-off in the cryptocurrency market triggered by rising U.S. inflation and geopolitical tensions between the U.S. and China. Bitcoin fell below the key $80,000 support level, trading near $79...
Bitcoin fell below $80,000 to around $79,200 amid renewed geopolitical tensions after Chinese President Xi Jinping warned of potential conflict over Taiwan during U.S. President Trump's visit to China. Major cryptocurrencies, led by Solana's 5.6% dro...
Leading cryptocurrencies Bitcoin and Ethereum dropped ahead of the US Senate Banking Committee's vote on the Clarity Act, which aims to clarify crypto regulations. Bitcoin fell below $79,000 before partially recovering, while Ethereum hit an intraday...
