Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
ETH market fluctuations are significant, and the dynamics of multi-party funds have attracted attention

ETH market fluctuations are significant, and the dynamics of multi-party funds have attracted attention

西格玛学长2025/01/14 06:17
On January 13th, after the price of ETH fell below $3000, an address (0x0533... be56) triggered the liquidation of 1040 WETH worth about $3.26 million. On-chain data shows that the address has supplied a total of 2400 WETH, borrowed $6.06 million USDC, and currently still holds 1360 WETH with a loan balance of $3.03 million USDC. This liquidation event reflects the significant pressure of market price fluctuations on high leverage positioning.
 
On the same day, Cumberland received 20,000 ETH (about 61.30 million USD) from the Fidelity FETH ETF Inflows address. The funds were subsequently deposited into the exchange. Market analysis indicates that this operation may be related to the short-term market pressure of ETH, and also reflects the fast flow characteristics of institutional funds.
 
In addition, in the past four hours, swing traders sold 5872.63 ETH at an average price of $3106.53, with a total trading volume of $31.9685 million. Nevertheless, the address currently holds 11252.98 ETH, worth about $35.39 million, indicating that some funds are still choosing to continue holding positions and waiting for further market development.
 
The recent concentrated flow and clearing of market funds have revealed the high volatility characteristics of the ETH market. It is recommended that investors pay close attention to the dynamics of large funds and on-chain indicators while paying attention to price changes, in order to make more cautious trading decisions.
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!