**Main to remember** 🐋
Ethereum whales unloaded $1.8 billion, sparking liquidity concerns. Shorts faced $23 million in losses due to liquidations. The market saw intense pressure as whales dumped over 430,000 ETH, raising worries about market resilience.
**Why was the trading spot activity heated?** 🔥
Ethereum’s market activity intensified, with significant volume spikes indicating increased interest and higher volatility risk. The battle between buyers and sellers amplified short-term oscillations, potentially signaling liquidity corrections.
**What does the persistent domination of the sale reveal?**
Sustained selling pressure in Ethereum control flows indicates aggressive sellers overpowering market demand, driving down prices. Despite the dominance of bears, the key lies in whether buyers can absorb this pressure to regain market control.
**How much is the Ethereum lever environment at risk now?**
Leverage positions on Ethereum markets face fragility, with shorts suffering $23 million in liquidations compared to $2.4 million for long positions. The market’s extreme sensitivity to fluctuations poses risks as whale flows and leverage clash.
Conclusively, Ethereum grapples with whale sell-offs, ongoing selling pressure, and heightened trading activity. Despite challenges, the market may stabilize
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