Ethereum ($eth) has just witnessed a significant development in the derivatives sector. Data from popular encryption shows an astounding $77,000 ETH has taken part in the derivative exchange, showing considerable concern about the subsequent decline in pure prices.
Ethereum Derivative sees +77,000 ETH inflow
“The spikes followed similar influx events on March 26th and April 3rd, both preceded a noticeable price drop.” – by Amr Taha
Read more⤵️https://t.co/nb3kk0netl pic.twitter.com/pxzmw59ivm
– cryptoquant.com (@cryptoquant_com) April 16, 2025
A spectacular daily inflow of 77,000 $ ETH of derivative exchanges represents a risk of sluggishness
A massive Ethereum influx of ETH, $77,000 in derivative exchanges on April 16, sparked attention among investors. This is because such instances previously led to a substantial price slump. For example, a similar surge inflow has already occurred before April 3rd and March 26th. Prices plummeted at both of the events.
Market data points out that such influx leads to historically bearish market responses. Crypto analysts also point to short positions opened by hedge operations or traders. Both opportunities saw a rapid downward price movement after the peak of the inflow. At the moment, Ethereum Token has changed hands at $1,591.17, highlighting its lows for almost several months.
Add to Ethereum’s harsh outlook escalating macroeconomics and trade tensions between the US and China
On-chain data shows robust technical indications, but is also consistent with broader macroeconomic tensions. A few days ago, these aggressive measures increased volatility in the crypto market as China promoted a trade war with the implementation of its latest tariffs on imports from the US.
In those previous cases, capital has often shifted from existing sectors to traditional safe inventory assets such as financial liabilities, gold, and US dollars. Such geopolitical factors are reportedly playing a key role behind Ethereum’s short-term bearish outlook.
