The post Ethereum Price Teeters At $1,800 As Whales Dump 760K ETH appeared on BitcoinEthereumNews.com.

Ethereum price hovers near $1,800 as whales dump 760K ETH and ETF outflows persist. Despite a minor bounce, traders and investors remain skeptical of a strong ETH recovery. ETH Derivatives Flash Caution Despite Support Holding Ethereum price bounced 6.4% from its Mar. 30 low of $1,768. But despite the recovery, ETH has failed to reclaim the $2,000 psychological level. Source: Coinglass The bounce comes as Ethereum ended Q1 2025 with a 45% year-to-date loss. The network continues to face pressure from waning decentralized application (DApp) activity and broader crypto market weakness. Ether 2-month futures annualized premium. Source: Laevitas.ch Professional traders appear unconvinced by the rebound. Data from Laevitas.ch shows the ETH futures premium remains below the 5% neutral mark, reflecting reduced confidence. On Apr. 2, the annualized premium rose to 4%, up from 2% on Mar. 31, but it still signals risk-off behavior. At the same time, the ETH options market shows growing fear. The 25% delta skew, which compares call and put options, sits at 7%, retreating from 9% just days earlier. The skew remains above the neutral zone, suggesting that traders are paying a premium to hedge downside risks. Whale Selloff Deepens Ethereum Price Bearish Sentiment Ethereum’s price weakness coincides with an ongoing wave of large-holder exits. On-chain data shared by crypto analyst Ali Martinez shows Ethereum whales have sold 760,000 ETH since Feb. 25. Source: Ali Martinez Large transaction volume among whales has dropped 63.8% over the past five weeks. This withdrawal hints at declining institutional participation during a period of heightened price vulnerability. Source: Merlijn The Trader With Ethereum now hovering just above the $1,800 support, some analysts view the situation as a make-or-break moment. A breakdown could open a path toward $1,000 or even $610, according to Merlijn the Trader. ETH remains within a long-term…

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Filed under: News - @ April 3, 2025 12:28 pm