Ethereum ($ETH) has just witnessed a crucial development in the derivatives sector. As per the data from the popular CryptoQuant, a staggering 77,000 $ETH have entered the derivatives exchanges, signifying considerable concerns about a sheer price dip afterward.
Ethereum Derivatives See +77,000 ETH Inflow
“This spike follows similar inflow events on March 26 and April 3, both of which preceded notable price declines.” – By Amr Taha
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— CryptoQuant.com (@cryptoquant_com) April 16, 2025
Stunning Single-Day Inflow of 77,000 $ETH in Derivatives Exchanges Expresses High Downturn Risk
The massive Ethereum inflows of 77,000 $ETH into derivatives exchanges on April 16 have raised caution among the investors. This is because such instances have formerly led to significant price slumps. For instance, analogous inflow surges have already taken place on April 3 and before that on March 26. Both the respective events were followed by sheer price plunges.
The market data points out that such inflow spikes historically lead to bearish market responses. The crypto analyst has also pointed toward the hedging operations or the short positions opened by traders. Both of the former occasions saw swift downward price movements after the inflow upsurges. At the moment, Ethereum token is changing hands at $1,591.17, highlighting the near multi-month lows.
Escalating Macroeconomic and U.S.-China Trade Tensions Add to Ethereum’s Grim Outlook
Although the on-chain data presents a robust technical indication, it also aligns with the wider macroeconomic tensions. A few days back, China expedited the trade war against with the implementation of latest tariffs on the imports from the U.S. Hence, these aggressive measures have led to a heightened volatility in the crypto market.
In previous such cases, capital has often shifted from volatile sectors into conventional safe-haven assets such as Treasury bonds, gold, and the U.S. dollar. Such geopolitical factors have reportedly played a crucial role behind Ethereum’s short-term bearish outlook.
