Skip to content
September 10, 2025BitcoinSistemi logoBitcoinSistemi

Matrixport, which previously sold Ethereum and bought Bitcoin (BTC), made a new transaction! ETH announced its expectations!

While Bitcoin raced from record to record in 2025, Ethereum (ETH) lagged behind. However, it broke its 2021 ATH a few weeks ago, breaking $4,900 to reach a new record. However, the correction in the general cryptocurrency market also affected Etheruem, and it fell to $4,200 ￰0￱ drop in Ethereum's price has been accompanied by a sharp drop in ETH trading ￰1￱ we're wondering what impact this will have on the market and price, cryptocurrency services provider Matrixport has released an updated ￰2￱ said that Ethereum's falling ETH volume will increase pressure on long positions and may force traders to close their long ￰3￱ analysts noted that while ETH spot trading volume fell from $122 billion to $41 billion this week, open interest in futures barely ￰4￱ noted that this situation will force some investors to close their leveraged long positions and the price could be negatively affected.

Matrixport, which is anticipating a bearish price for ETH, also deposited $43.7 million worth of ETH into ￰5￱ to data, an address associated with Matrixport deposited 10,000 ETH worth $43.77 million to Binance ￰6￱ currently holds $461 million in assets, with BTC accounting for 81.6% of that ￰7￱ company also holds an additional 4,272 ETH worth $18.33 million. Matrixport-connected wallets previously deposited a total of 95,873 ETH (approximately $452 million) to Binance and OKX exchanges, while the same wallets withdrew 2,354.6 BTC ($272 million) from Binance and OKX. *This is not investment ￰8￱ Reading: Matrixport, which previously sold Ethereum and bought Bitcoin (BTC), made a new transaction!

ETH announced its expectations!

BitcoinSistemi logo
BitcoinSistemi

Latest news and analysis from BitcoinSistemi

Steak ‘n Shake Bitcoin reserve: Happy meal for hodlers or nothingburger?

Steak ‘n Shake Bitcoin reserve: Happy meal for hodlers or nothingburger?

The fast-food chain is also donating 210 sats from every Bitcoin meal toward open-source Bitcoin development....

Cointelegraph logoCointelegraph
1 min
Solana Eyes $190 Support for Potential Rally to $240–$300

Solana Eyes $190 Support for Potential Rally to $240–$300

Solana holds steady near $186, with the $190 support level critical for sustaining upward momentum toward $240–$300 targets. Analysts emphasize that maintaining this zone preserves the bullish wave st...

CoinOtag logoCoinOtag
1 min
Analyst Suggests Bitcoin Peak Could Still Lie Ahead as Data Model Signals Potential High

Analyst Suggests Bitcoin Peak Could Still Lie Ahead as Data Model Signals Potential High

Bitcoin analyst Joao Wedson predicts the cryptocurrency’s peak is still ahead, as Alphractal’s Max Intersect SMA Model flashes a historical signal indicating new market highs. This data-driven tool, p...

CoinOtag logoCoinOtag
1 min