Market Update

ETHEREUM price rapidly where Trader HyperLeeliqud achieves $ 86 million

The price of ETHEREUM decreased by more than 53 % of the increase of 2024, spending $ 255 billion in the market value with a decrease in the market value from 482 billion dollars to 227 billion dollars.

ethereum (EthHe decreased as fears continued about the network. On Monday, analysts in Standard Chartrid reduced ETH price The goal of $ 10,000 to $ 4,000, citing the network decline of the network.

Many Ethereum investors have suffered losses during the continuous collapse. according to Santiment dataThe percentage of the total ETHEREUM supplies in profit decreased to 47.6 % – its lowest level since October 2023. The network achieved the network has reached its lowest point in nearly two years.

Ethereum supply in low profit source: Santim

Not everyone is losing money on ethereum. Coinglass data shows that one of the traders has made $ 86 million from ETH ETH at the liquid height. The trader placed a short trade of $ 143 million on March 3 when ETHEREUM was traded at $ 3,000.

Through the 25x Financial Crane application, the trader benefited with the ETH drop to $ 1878 on Tuesday. The financing fee reached $ 3.13 million, and its margin was $ 5.76 million. His position will be filtered if Ethereum bounces to $ 3,194.

Meanwhile, another merchant has lost $ 5.21 million by going long on Ethereum. Bought this trader 18.6 ETH and the 20x Financial Crane app. His trade will be filtered if ETH decreases to $ 1725.

ETH traders on hyperleliid | source: Coinglass

Technical analysis of Ethereum price

ETH price scheme | source: Crypto.News

Technologies indicate that the ethereum seller may remain profitable, as indications indicate the additional passive side. The daily graph shows that Ethereum remains less than the main support at $ 2,135-neck line for a 3,000-dollar higher style.

Price ethereum formed a cross -death pattern as the moving averages turned for 50 days and 20 days in February.

The currency now creates a declining sponsor pattern, consisting of a long vertical line and a similar triangle. The triangle approaches its meeting point, indicating that the declining collapse can drive Ethereum to the psychological level of $ 1500 – about 20 % lower than its current price.

https://crypto.news/app/uploads/2025/02/crypto-news-Ethereum-option50.webp

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