Ethereum Price Under Pressure: Whales, Derivatives Market Exits Signal Waning Appetite

  vor 6 Monaten

After dipping below $1,800 earlier in the month, the price of Ethereum has since reclaimed the $2,000 level, which is considered a psychological support zone for many traders. Over the past week, though, the price showed mild downward pressure, struggling to hold sustainably above the $2,000 level. Whale Activity Signals Potential Volatility Surge In Ethereum Markets In a post on the X platform, crypto analyst Joao Wedson stated that there has been a major shift in the behavior of Ethereum’s large holders. The market pundit also pointed out that something deeper may be happening under the surface. 🐳Whales continue to distribute and sell Ethereum. Addresses holding between 100K and 1 million ETH have drastically reduced their reserves over the past 90 days. That is a significant and curious shift. What stands out even more is that a large portion of this reduction is not… pic.twitter.com/UBlikDUQf3 — Joao Wedson (@joao_wedson) February 27, 2026 Related Reading: Vitalik Buterin Lays Out A Plan To Make Ethereum 1,000 Times More Capable Wedson asserted that wallet addresses holding between 100,000 and 1,000,000 ETH have significantly reduced their holdings over the past 90 days, showing that big holders are selling or moving large amounts of ETH. What’s more interesting is that this shave-off is happening from non-exchange whale wallets. 🐳Whales continue to distribute and sell Ethereum. Addresses holding between 100K and 1 million ETH have drastically reduced their reserves over the past 90 days. That is a significant and curious shift. What stands out even more is that a large portion of this reduction is not… pic.twitter.com/UBlikDUQf3 — Joao Wedson (@joao_wedson) February 27, 2026 In other words, major private ETH holders, institutions, or early investors may be actively decreasing their exposure, and this could indicate profit-taking, risk-off positioning, or preparation for volatility. All in all, Wedson noted that when this group of whales begins to unwind positions, it often means that a structural shift is occurring beneath the surface. As of this writing, the price of Ethereum stands at around $2,010, showing an almost 5% jump in the past 24 hours. Slumping Global Backdrop Affecting ETH Most According to a recent on-chain observation, this strategic move by ETH large holders could be connected to the worsening macroeconomic conditions. Pseudonymous analyst Darkfost, in a Quicktake post on the CryptoQuant platform, revealed that the global economic backdrop is slowly losing momentum, and Ethereum seems to be the most impacted altcoin so far. Starting with the risk-off global climate, Darkfost referenced the core Producer Price Index (PPI), which measures inflation at the wholesale level. The Core PPI MoM at +0.8% confirmed persistence of inflation, suggesting that the Federal Reserve is unlikely to cut interest rates soon, which is unfavorable for risk assets. On top of that, the rising tension between the United States and Iran increases geopolitical uncertainty. On Saturday, the US and Israel announced military actions against Iran, which sent crypto prices tumbling on the weekend. However, Ethereum’s Open Interest (OI) on all exchanges dropped from 7.79 million ETH to 5.8 million ETH, with about 2 million of that figure concentrated on Binance. This exposes that traders are closing positions and leverage is being reduced, with exposure to ETH also shrinking. Additionally, the Notional OI, which measures the total dollar value of open contracts, experienced a sharper drop as positions were closed. For instance, Binance’s Open Interest dropped from over $12.6 billion to $4.1 billion, while Bybit’s cut by two-thirds to $1.9 billion. This shows broad deleveraging across the entire market and not just one platform. Overall, the Ethereum derivatives market is shrinking, as traders are unwinding leverage in response to macroeconomic and geopolitical pressures. Moreover, the current market condition hasn’t been particularly encouraging for investor risk appetite — as seen with the ETH whales. Related Reading: Bitcoin ETF Investors Show Diamond Hands: Only $6.5B In Outflows Since October 10 Featured image from iStock, chart from TradingView

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Ditch the Spreadsheets: Automated Profit & Loss Tracking Has Arrived

  vor 6 Monaten

Check out the new info box on coin chart pages! Now you can get a feel for the market in a single glance. Continue Reading: Ditch the Spreadsheets: Automated Profit & Loss Tracking Has Arrived The post Ditch the Spreadsheets: Automated Profit & Loss Tracking Has Arrived appeared first on COINTURK NEWS .

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Egrag Crypto Sends Critical Message to XRP Investors

  vor 6 Monaten

XRP is approaching a pivotal stage in its long-term trajectory. Crypto analyst EGRAG CRYPTO (@egragcrypto) highlighted a potential “Face-Melting Phase” for XRP, emphasizing that short-term price movements may present significant accumulation opportunities. According to the chart shared, XRP is currently near a key Psychological Support Zone at $1.33. This level has historically acted as a strong anchor for price action and may determine the next major move. #XRP – The Face-Melting Phase: Even if we follow the yellow downside trajectory, it may become the opportunity of a lifetime to accumulate more #XRP . The real face-melting phase won’t reward comfort. It will reward those who endure pain first. Many still don’t fully grasp the… pic.twitter.com/wRExuwPBMY — EGRAG CRYPTO (@egragcrypto) February 28, 2026 XRP Key Levels and Structure The chart identifies multiple zones that traders are watching closely. The Psychology Resistant Zone, a level where upward momentum may encounter significant selling pressure, sits between $3.2 and $5. Below the current support, the Death Zone starts at $0.8. EGRAG CRYPTO notes that navigating these zones will require patience and strategic positioning. A blue symmetrical triangle pattern is visible on the monthly chart, extending from 2018. This structure suggests a period of prolonged accumulation before a decisive breakout. This decisive breakout occurred in late 2024 when XRP surged by 500% . XRP now sits far above this triangle, but EGRAG CRYPTO suggests the asset could retest the upper trendline before resuming its upward movement. Is XRP About to Drop? The yellow trajectory drawn on the chart projects a potential short-term dip toward the Death Zone, followed by a sharp recovery. EGRAG CRYPTO commented, “Even if we follow the yellow downside trajectory, it may become the opportunity of a lifetime to accumulate more XRP.” EGRAG CRYPTO’s analysis provides a clear roadmap of potential price movements for XRP. His analysis emphasizes that the temporary price corrections could present strong entry points before the surge resumes. Moving Averages and Targets The chart also includes short- and mid-term moving averages, which currently converge near the support levels. This alignment indicates that price is testing critical moving averages while maintaining the potential for a strong rebound. A breakdown below the $1.33 support could test the Death Zone, but if this level holds, it would reinforce XRP’s upward momentum potential. The projected path shows XRP potentially climbing to $9, $13, $17, and even $27 over the medium term, contingent on holding support and resuming upward momentum. These targets align with historical patterns of consolidation followed by substantial upward movement. EGRAG CRYPTO noted that the Face-Melting Phase will reward those who endure short-term pressure first, highlighting the importance of strategic accumulation during dips. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. The post Egrag Crypto Sends Critical Message to XRP Investors appeared first on Times Tabloid .

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