Cripto merchants piling $ 110 million in bets Etherum price can fall only $ 1,300 – DL News

In April in April in April in April.

Data from CRIPTO derivatives deribit derivatives show that options traders set up bear bets on Ethereum $ 110 million Poured into contracts that will pay if the price does not exceed $ 1,800 in April.

The Hefti’s piece of these bear bets treats an Etherum price carrying at $ 1,300.

“Etherum Etherum Sells are in all weather high (as) institutions to collapse the price,” Zach Burks, General Manager of Mintology, said NFT platform DL News earlier in April.

Buras pointed out American President Donald Trump Tariff mountaineers As a major problem not only for the crypto market, but especially for Etherum.

“Cripto is not safe in the immediate notion – he expects to be Etherum Shraks to $ 1,600,” Burks said.

Etherum is a little over $ 1,600 on Tuesday, 2% drop in the last 24 hours, unlike modest prices for bitcoin and XRP, first and third largest cryptocurries.

Non-metering prospects There seems to be traders for Etherum’s options not strictly gambling traders but a wide reflection of investors for the second-carcastocurrency.

Donald Trump

Etherum Malayale launched a wave of Dumping of Whale Investors, including the Trumps of World Freedom.

In February Trump’s son Eric Trump said: “It’s great time to add Etherem. You can thank me later.”

Etherum price has since been more than 40% since then the Trump Family CRIPTO project throws property for huge losses.

The DEFT project sold Etherum worth $ 8 million last week, according to data from Arkham Intelligence. Sale The project was taken from 55% loss in her Etherum investments.

Etherum seems to be They lost the replacementand its community seems to be execution on his edges. The performance of prices is located even in the middle of a wider cryptic market drop.

The latest price drop in Ethereum even wiped large whales with huge loan positions to encourage property. One such merchant They lost $ 74 million last week.

Even the activity of a programmer used to be hot at Ethereum began to decline. Weekly codec contributions online, a useful metric for developer activity, have This year, 67% decreases.

And it’s not all – online activity online is also revenge as the number of daily unique dealers dipped to the lowest level in 12 months.

With feelings that appear acidic, the stakes are existential for Etherum.

“It’s time to face reality” said Web3 MARKET MARKET MURN Last week. “This is not an” efficiency zone “, I’m afraid. This is stagnation.”

XRP closes

XRP could be one of the greatest winners if Etherum cannot exit its current function. Geoff Kendrick, Global Head Digital Assets Research in United Kingdom Standard Standard Chartered, See XRP ECLIPSING Etherum until 2028.

But not everyone singing the funeral distribution for Etherum. In the midst of skepticism and regrets, one black executive director says There are reasons for optimistic.

Robbie Mitchnick, the digital chief of digital property, said in March that Ethereum was always behind for the management of property managers.

Mitchnick also defended the gender performance of Ethereum exchanged performance and said that adding a track function to an investment vehicle in the new phase for Etfeem ETFS.

Osato Avan-Nomaio Is our correspondent in Nigeria based. It covers Defi and Tech. You have the top? Please contact him at osato@dlnews.com.