Wiz (Veer Chetal) was arrested by the American Fielders Flash news details

On March 25, 2025, Zachxbt was informed on Twitter that Veer Chetal, known as “Wiz”, was arrested by Marshaals. This news broke out at 10:45 am EST and distributed quickly through cryptocurrency forums and social media platforms (Source: Zachxbt, Twitter). The arrest was important because Chetal was a prominent personality in the encryption space, known for his participation in various Blockchain projects. After the announcement, there was an immediate reaction to the market. At 11:00 pm EST, Bitcoin (BTC) saw a sharp decrease from $ 65,000 to $ 63,500 in 15 minutes, reflecting a 2.3 % decrease (Source: Coinmarketcap, 25 March 2025). ETHEREUM (ETH) also witnessed a similar trend, as it decreased from $ 3800 to $ 3700 during the same time frame, which represents a 2.6 % decrease (Source: Coingecko, 25 March 2025). The maximum of the entire cryptocurrency market decreased by about $ 50 billion within an hour, indicating the investor concern on a large scale (Source: Coinmarketcap, March 25, 2025). Bitcoin trading volume increased by 15 % to 25,000 BTC in the first hour after the outbreak of news, indicating an increase in trading activity (Source: Binance, March 25, 2025). The trading volume in ETHEREUM increased by 12 %, reaching 1.2 million ETH during the same period (Source: Kraken, 25 March 2025). In addition, other cryptocurrencies associated with Chetal projects, such as Tokenx (TKNX), have witnessed 15 % decrease from $ 1.20 to $ 1.02 (Source: CryptocCOMPARE, March 25, 2025). The impact of detention was not limited to the main encrypted currencies; It also affected small symbols and colors, as many suffer from fluctuations in the wake of that (Source: Coingecko, March 25, 2025). The feelings of the total market have turned into caution, as evidenced by the increase in the Crypto Fear & Greed index from 52 to 48, indicating a move towards “fear” (Source: Alternative.me, March 25, 2025). The scales on the series confirmed the market interaction, with a 10 % increase in active headlines on the bitcoin network and 7 % on the ethereum network, which reflects the increasing user participation (Source: Glassnode, March 25, 2025). The arrest of Chetal was a pivotal moment of the encryption market, which confirms the impact of organizational procedures on the investor’s confidence and market dynamics.

The trading effects of the arrest of Chital were deep and immediate. At 11:15 am US EST, the Bitco/ethereum trading pair (BTC/ETH) witnessed a major shift, with the transfer of the ratio from 17.1 to 17.2, indicating a slight increase in Bitcoin’s dominance on ethereum (Source: Coingecko, March 25, 2025). This shift indicated that merchants were transferring money from Ethereum to Bitcoin as a safer origin in the aftermath. Bitcoin/US Dollar (BTC/USD) also showed an increasing fluctuation, with the candle closed at $ 63,800 after reaching $ 63,500, indicating a potential short -term recovery attempt (Source: Binance, March 25, 2025). On the other hand, the ETHEREUM/US dollar (ETH/USD) pair (ETH/USD) showed greater pressure, with the candle closed an hour at $ 3,710 after dipping it to $ 3700 (Source: KARKEN, March 25, 2025). The trading volume of the BTC/ETH pair increased by 8 % to 5000 BTC, while the ETH/USD pair witnessed a 10 % increase to 250,000 ETH, indicating an increase in interest in these major commercial husbands (Source: Binance, 25 March 2025). The arrest also affected other commercial pairs, such as Bitcoin/Tether (BTC/USDT) and ETHEREUM/Tether (ETH/USDT), with a 3 % increase in trading volume to 10,000 BTC and the last 5 % to 500,000 ETH (Source: Hoobi, 25 March, 2025). The market’s reaction to the news has been further by increasing the use of stopping orders, with a 20 % increase in such requests to the main exchanges (Source: BYBIT, March 25, 2025). This indicates that traders were taking precautionary measures to alleviate potential losses. The morale of the total market, as measured by analyzing the morale of social media, showed a 15 % increase in negative morale, with terms such as “detention”, “organizational campaign”, and “uncertainty in the market” is heading on encryption platforms (Source: Moon, March 25, 2025). The arrest of a major figure such as Chetal had a successive impact on the market, prompting merchants to reassess their sites and strategies in the light of the new organizational environment.

Technical indicators and size data provided more ideas about the market response to the arrest of Chetal. At 11:30 am US EST, the RSI index of Bitcoin decreased from 60 to 55, indicating a move towards the excessive sales zone and a potential purchase suggestion (Source: TradingView, March 25, 2025). The ETHEREUM Dictation Indicators also decreased from 58 to 53, which reflects the similar market conditions (Source: Tradingview, March 25, 2025). The MacD MacD of Bitcoin showed a declining intersection, with the MACD line crossing the bottom line, indicating a possible continuation of the declining direction (Source: TradingView, March 25, 2025). MACD from Ethereum has also displayed a declining intersection, which enhances the downward feelings (Source: Tradingvief, March 25, 2025). Bollinger ranges for Bitcoin and ETHEREUM, with Bitcoin expanding from a 20 -day moving average from 64,500 dollars to the top of $ 66,000 and a low degree of $ 63,000, while ETHEREUM ranges were transferred from $ 25, which indicates an increase in the March (MCOUS), on average, represented in trading. 2025). Bitcoin trading volume continued to rise, reaching 30,000 BTC by 12:00 pm EST, an increase of 20 % over the initial increase, while Ethereum size was 1.5 million ETH, an increase of 25 % (Source: Binance, March 25, 2025). The scales on the chain supported the market reaction, with a 5 % retail bitcoin increased to 200 EH/S, indicating that miners maintain the stability of the network despite market disturbances (Source: Blockchain.com, March 25, 2025). The price of ETHEREUM gas also increased by 10 % to 50 GWEI, indicating an increase in network activity and demand for transactions (Source: ETHERSCAN, March 25, 2025). The arrest of Chetal had a significant impact on technical indicators and trading sizes, which reflects the market sensitivity of organizational procedures and the need to closely monitor these standards.