Etherum falls below $ 1.5K for the first time in 2 years
Etherum fell about 20% in the last 24 hours, fell below $ 1,500 for the first time since March 2023. Years.
Ethereum (El) 1,476 USD is traded at the time of the press, recorded a 24-hour high of $ 1799. The wider Selloff seems bound to macroeconomic tensions that Donald Trump moved new tariffs Pressure on the crypto market. The market saw widespread losses as a result of the downtime of the steep recovery of the email.
According to coigiglass dataOver 400 million Etherm values are liquidated in the last 24 hours. Long trades, which lost approximately 341 million dollars, made up most of this. As traders pulled out of positions, open interest in Etherum futures fell by 15%.
One main investor was especially hard. The kit that took the magnificent loan in the sky decentralized financial platform (earlier manufacturer) lost 67,570 ETE or more than 100 million dollars, in accordance with Loosonchain 7 post on X. The loan was supported by EM, and when the price fell, the system was automatically sold, the system was automatically sold, the system automatically sold collateral.
In addition to the latest Sellof, Etherow had a rough few months. The first quarter of 45% closed compared to the value of $ 170 billion worth. That made the third worst fourth 2025 Ethereum since 2016. Years. In spite of guidance In the scope of the trading of the DEK in March, the revenue from the network decreased, of $ 142 million in January at only $ 21 million in March, according to the defiles data.
Transaction fees have been reduced by 20. Marta EIP-1559Known as a Dancun upgrade, which helped lower fees. However, Etherum once again became inflator. One important deflation indicator, the combustion rate of ETE, fell to the lowest level of August 2021.
Analysts appear to access ethiji with greater caution after an optimistic Outlook in 2024. In March, standard authorized analysts lowed Their cesses around Etherum Etherum targets 10,000 to $ 4,000 for growing competition with Etherum Laier-2 solutions.
These rolls continue to draw users from the main chain by offering faster speeds and cheaper fees. Although the upcoming upgrade of Petra will strengthen the basics of the network, the current macroeconomic pressure is expected to still affect the Etherum price.
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2025-04-07 13:22:00
