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Titulares de Ethereum, tengan cuidado con esto, ya que más de 45,000 intercambios de ETH inundan

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  • Over 45,000 ETH were deposited on exchanges on April 8
  • ETH is down more than 1%.

Ethereum [ETH] saw a price surge at the end of trading on April 8. This price increase coincided with an increase in foreign exchange inflows as Alameda took the opportunity to capitalize on its holdings.

Alameda dumps more Ethereum

Recent data tracked by Point on Chain revealed that FTX’s Alameda Research deposited Ethereum to the Coinbase exchange. The data indicated that Alameda deposited 4,000 ETH, valued at around $14.7 million when ETH was trading at approximately $3,688.

This deposit marked Alameda’s first significant move since February, coinciding with a rally in ETH prices.

ftx and Alameda have deposited over 21,000 ETH, for a total of over $72 million. Alameda’s recent move reflects the pattern seen in the market on February 8, characterized by a significant influx of ETH onto exchanges.

Traders take advantage of Ethereum rally

Analysis of data from Exchange Netflow revealed that Ethereum experienced its largest currency flow of the month on April 8. Furthermore, the analysis indicated that ETH inflows dominated the flow, indicating that more traders were depositing their holdings on exchanges.

The chart shows over 45,000 ETH deposited on these exchanges on April 8, suggesting that, like Alameda, other traders took advantage of the ETH price rally.

 

Source: CryptoQuant

However, at the time of writing there has been a reversal of the flow and more departures have been recorded. More than 35,000 ETH have been withdrawn from exchanges so far. This move could be attributed to the slight pullback in the price of ETH at the time of writing.

ETH sees 1% drop

On April 8, Ethereum witnessed a significant surge, marking its biggest rise in some time. Analysis of the daily time chart revealed an increase of almost 7%, with ETH closing at approximately $3,694.

At the same time, the volume chart showed a substantial increase in ETH volume, surpassing $19 billion as its price rose.

 

Source: Commercial view

At the time of writing, the price of ETH had seen a slight drop of over 1%, but remained within the $3,600 region.


Read Ethereum (ETH) Price Prediction 2024-25


Despite this drop, Ethereum maintained its current bullish trend, as indicated by its Relative Strength Index.

Furthermore, the analysis of its volume indicated a rebound. At the time of writing, the volume was over $20 billion, reflecting continued market activity and investor interest in Ethereum.


This is an automatic translation of our English version.

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Entusiasta de los nuevos modelos económicos y curioso de las nuevas tecnologías. Con Maestría en Gerencia Empresarial, egresada de la Universidad Central de Venezuela. Apasionado por aprender cosas nuevas todo el tiempo.
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