On July 1, Binance recorded over 166,000 Ethereum (ETH) withdrawal transactions, the highest single-day total in more than three years, with over 3 million ETH withdrawn since early May. This trend suggests investors are moving ETH to self-custody wallets, likely to hold rather than sell, amid a 10% price rebound from $1,500 and regulatory changes like the EU's MiCA framework. Reduced ETH supply on exchanges could lead to thinner sell walls and potentially amplify price movements if buying pressure increases. Investors should watch if withdrawals continue and whether the $1,500 price level holds as support.
Top traders significantly reduced their Ethereum futures long positions in both USDT- and coin-margined markets, signaling a short-term de-risking despite stable overall crypto market conditions. Ethereum's long position share among top traders fell ...
Ethereum price rose above $1,700 after a 6% gain, driven by renewed inflows into U.S. spot Ethereum ETFs, especially BlackRock's ETHA. Technical indicators like MACD and RSI show early signs of recovery, while a monthly TD Sequential buy signal sugge...
Bitcoin is trading around $61,697 with a modest 2.7% move, while Ethereum has surged 6.4% to $1,717. The total crypto market cap stands at $2.22 trillion, with Bitcoin dominance at 55.7%, indicating cautious capital rotation between Bitcoin and altco...
The cryptocurrency market is showing signs of recovery as $1.9 billion in Bitcoin options, $230 million in Ethereum options, and $3.7 million in XRP options expire today. Bitcoin has surged over 6% to around $62,000, supported by bullish call options...
For the first time in the current cycle, more bitcoin—about 10.83 million BTC—is held at a loss than at a profit, reflecting a significant correction from January's $109,000 peak. Historically, this shift signals financial stress and often precedes m...
