
{"id":59994,"date":"2025-04-17T12:57:50","date_gmt":"2025-04-17T12:57:50","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=59994"},"modified":"2025-04-17T12:57:50","modified_gmt":"2025-04-17T12:57:50","slug":"ethereum-sees-77k-eth-moved-to-derivatives-market-prepping-for-another-drop","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=59994","title":{"rendered":"Ethereum Sees 77K ETH Moved to Derivatives \u2013 Market Prepping for Another Drop?"},"content":{"rendered":"<p>Although Ethereum has shown a slight rebound recently, its overall 2025 performance remains underwhelming. So far this year, the altcoin has shed over 50% of its value.<\/p>\n<p>Current on-chain data indicates that ETH could be heading for yet another downward price move.<\/p>\n<h2>ETH Price at Risk<\/h2>\n<p>According to CryptoQuant\u2019s latest macro and on-chain <a href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/67ff947120e2bf3b9bb59809-Ethereum-Derivatives-See-77000-ETH-Inflow-%E2%80%94-Is-Another-Crash-Coming?\" target=\"_blank\" rel=\"noopener\">analysis<\/a>, derivative exchange inflows surged by over 77,000 ETH on April 16th \u2013 the largest single-day net inflow observed in recent months. The sharp uptick follows two previous inflow events on March 26 and April 3, both of which coincided with painful declines in Ethereum\u2019s price.<\/p>\n<p>The pattern, validated by historical data, points toward increased hedging or short-selling activity as large players move ETH onto derivative platforms.<\/p>\n<p>Interestingly, the inflow spike aligns with growing global macroeconomic tensions, notably escalating trade friction between the US and China. Beijing\u2019s latest retaliatory tariffs on US agricultural and tech goods have unsettled risk markets across the world.<\/p>\n<p>In past episodes, similar geopolitical stressors have prompted a shift away from riskier assets like cryptocurrencies and into safe-haven investments such as US Treasuries and the dollar, compounding bearish sentiment across digital assets.<\/p>\n<p>Ethereum, already trading near multi-month lows around $1,500, could face additional pressure if the inflow-driven trend continues. CryptoQuant\u2019s data highlighted the significance of these derivative exchange moves, and focused on three key inflection points \u2013 March 26, April 3, and now April 16 \u2013 each followed by visible price weakness.<\/p>\n<p>Analysts suggest that the size and timing of the latest inflow likely indicate institutional entities positioning for further downside. As both macro headwinds and on-chain signals flash red, Ethereum\u2019s near-term trajectory appears increasingly precarious.<\/p>\n<p>Amidst this macroeconomic uncertainty and increased ETH inflows to derivative exchanges, Ethereum whales have <a href=\"https:\/\/x.com\/ali_charts\/status\/1912658012805726276\" target=\"_blank\" rel=\"noopener\">offloaded<\/a> approximately 143,000 ETH over the past week. The sell-off <a href=\"https:\/\/cryptopotato.com\/galaxy-digital-whales-institutions-retail-sell-off-ethereum-how-low-can-eth-go\/\" target=\"_blank\" rel=\"noopener\">trend<\/a> may indicate a broader bearish sentiment, which could trigger further selling pressure in the coming days.<\/p>\n<h2>Low ETH Fees Signal Opportunity?<\/h2>\n<p>Despite ongoing macro and on-chain pressures, Santiment pointed to one contrarian signal worth noting \u2013 Ethereum transaction fees have <a href=\"https:\/\/insights.santiment.net\/read\/ethereum-s-network-costs-hit-historically-low-milestone-8619?\" target=\"_blank\" rel=\"noopener\">fallen<\/a> to a five-year low, averaging just $0.168. This drop reflected lower network activity, as fewer users are transacting or interacting with smart contracts like DeFi and NFTs. Since fees are based on network demand, low usage leads to cheaper transactions.<\/p>\n<p>Santiment noted that from a trading perspective, historically low fees like these often precede price rebounds, which makes current levels generally considered lower risk for buyers. While not a guaranteed signal, fee levels under $1 typically suggest decreased crowd interest \u2013 an environment where past trends have sometimes marked price turning points.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/ethereum-sees-77k-eth-moved-to-derivatives-market-prepping-for-another-drop\/\">Ethereum Sees 77K ETH Moved to Derivatives \u2013 Market Prepping for Another Drop?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Although Ethereum has shown a slight rebound recently, its overall 2025 performance remains underwhelming. So far this year, the altcoin has shed over 50% of its value. Current on-chain data indicates that ETH could be heading for yet another downward price move. ETH Price at Risk According to CryptoQuant\u2019s latest macro and on-chain analysis, derivative [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":59995,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-59994","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/59994"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=59994"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/59994\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/59995"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=59994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=59994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=59994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}