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!
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