ChainCatcher message, according to Gate market data, ETH/USDT is currently quoted at $2,399.32, a 24-hour decrease of 11.87%.
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ETH drops 0.59% in 15 minutes: whale transfers to exchanges and increased futures short positions are the main drivers
2026-03-30 23:00 to 2026-03-30 23:15 (UTC), ETH’s return rate over 15 minutes was -0.59%. The price range was between 2013.89 and 2033.15 USDT, with a swing of 0.95%. During this period, market volatility was significant, attention increased, and it reflected the market’s high sensitivity to short-term abnormal moves.
The primary driver behind this abnormal movement is a whale address transferring a large amount of ETH to a certain exchange platform. Specifically, address 0xb5Ab transferred 50,000 ETH for the first time in 9 years, and the market widely interpreted it as a substantial increase in potential sell pressure.
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Ethereum (ETH) on the Edge: Critical Level Stands Between New Bull Run and a Major Crash
While the second-largest cryptocurrency has registered a significant rebound over the past month, it remains at risk of plummeting to drastically low levels during this cycle.
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Hong Kong will include tokenized bonds in the standard financial settlement framework, and will promote a comprehensive crypto regulatory regime
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Record Staking: Ethereum Foundation Locks $46M Worth of ETH in a Single Day
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