Ethereum's price has declined from $2,300 to around $2,100, with whales selling over 35,000 ETH worth $72.3 million, signaling growing bearish sentiment. Large leveraged short positions and increased exchange inflows indicate traders expect further price drops. Weak capital inflows and negative momentum indicators suggest Ethereum may break below the $2,000 support level unless buying demand strengthens soon.
A trader known as "0x50b3" has taken a large leveraged short position of 47,604 ETH, worth about $100 million, betting on Ethereum's price to fall below $2,149. This move comes as Ethereum struggles, down 29% year-to-date and lagging behind Bitcoin a...
A wallet on Hyperliquid has opened a $100.33 million short position on Ethereum (ETH) with 23x leverage, betting that ETH's price will not rise above $2,149.84. The position will be liquidated if ETH's price increases by less than 2% from the entry p...
Ethereum's monthly transactions reached a record 70 million with fees dropping to a historic low, signaling strong retail use despite a recent 9% price decline. Coinbase CEO Brian Armstrong proposed modernizing finance by integrating real-world asset...
Vitalik Buterin emphasized that the Ethereum Foundation is designed to be one participant in a decentralized ecosystem rather than a central authority controlling Ethereum or its ETH price. The foundation prioritizes long-term research, cybersecurity...
Ethereum's price hovers around $2,100 amid ongoing weakness compared to Bitcoin, drawing criticism from Samson Mow, a Bitcoin supporter who expressed sympathy for Ethereum's struggles. The ETH/BTC ratio remains low, reflecting Ethereum's declining re...
