CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
coinpedia 2025-03-13 05:18:18

Ethereum Price Prediction: Can ETH Recover After ETF Outflows?

The post Ethereum Price Prediction: Can ETH Recover After ETF Outflows? appeared first on Coinpedia Fintech News Ethereum (ETH) price has suffered significant bearish sentiment in the past four months amid heightened midterm market uncertainty triggered by the U.S. tariff wars. The large-cap altcoin, with a fully diluted valuation of about $224 billion and a 24-hour average trading volume of $25 billion, has dropped more than 54 percent since December 2024. Ethereum Whales Cash Out The Ethereum network has experienced a huge cash outflow in the past few weeks amid leadership change from the Ethereum Foundation . The U.S. spot Ether ETFs have recorded a net cash outflow of nearly $200 million in the past three weeks. Interestingly, even BlackRock’s ETHA has been bleeding, whereby it recorded a net cash outflow of $11 million on Tuesday. According to on-chain data analytics from Coinglass, the Bitcoin miner reserves have been declining exponentially in the past years to hover about 1.92 million. Meanwhile, the overall supply of Ether on centralized exchanges increased by about 81,397 ETH units in the past 24 hours to about 15.01 million coins. Heavy Liquidation of ETH Whale at Hyperliquid Exchange Earlier on Wednesday, an Ether whale opened a long position of 175,179 ETH, worth about $335.6 million, with 50x leverage on the Hyperliquid trading platform. According to on-chain data , the whale investor actively closed 14,945 ETH positions, worth about $28.7 million. As a result, the whale investors left 160,234 ETH, worth around $306.8 million, to be liquidated, hence making a profit of $1.86M, which caused Hyperliquidity Provider(HLP) to lose $4 million in the past 24 hours. The notable loss on Hyperliquid raised alarm over the impact of high leverage causing liquidity drain. Furthermore, the entrance of a couple of similar traders could easily drain the liquidity for Hyperliquid pools. In response, Hyperliquid announced the reduction of Bitcoin and Ether leverage from 50x to 40x and 25x respectively. Regarding commentary and questions on the 0xf3f4 user's ETH long: To be clear: There was no protocol exploit or hack. This user had unrealized PNL, withdrew, which lowered their margin, and was liquidated. They ended with ~$1.8M in PNL. HLP lost ~$4M over the past 24h. HLP's… — Hyperliquid (@HyperliquidX) March 12, 2025 Ether Price Prediction Model Ethereum price has suffered bearish sentiment against Bitcoin for the past years and is currently retesting the lowest level since May 2020. Despite being the DeFi leader, with more than $45 billion in total value locked (TVL) and over $122 billion in stablecoins market cap, Ethereum price has already singled bearish sentiment in the macro outlook. #Ethereum must bounce now, otherwise it might dump to ~$1,670 pic.twitter.com/z8VzywUmD1 — Carl Moon (@TheMoonCarl) March 12, 2025 After closing below a crucial support level of around $2.1k in the last two weeks, Ethereum’s price faces further midterm selloff towards $1.5k unless a V-shaped reversal happens.

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约