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Ethereum Back on Whales' Radar After 12% Price Crash
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BlackRock Clients Offload $80.2 Million in Ethereum Amid Market Volatility Quick Take BlackRock clients sold $80.2 million worth of Ethereum, sparking debate over institutional sentiment. The Ethereum sell-off signals growing caution amid volatile market and liquidity tightening. Analysts see the move as either strategic rebalancing or a short-term bearish signal. Ethereum’s long-term outlook depends on network upgrades and renewed investor confidence.
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BTC, ETH, XRP, SOL Face Slow Bottoming Process After $16B Liquidation Shock. 1. The crypto market experienced a significant crash, liquidating $16 billion in leveraged bullish bets across major cryptocurrencies. 2. These massive liquidations are likely to prolong the multi-step bottoming process, involving market makers arbing away price discrepancies. 3. All bets are off if the U.S.-China trade tensions continue to worsen.
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#Ethereum keeps $92.7B locked in DeFi over the past day.
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one thing is sure Bitcoin is becoming stronger and stronger everyday
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