2026-04-10 01:30 to 2026-04-10 01:45 (UTC), ETH is trading within the range of 2185.0 to 2204.03 USDT. The candlestick return rate records +0.60%, and the 15-minute amplitude is 0.87%. During this period, mainstream market attention increases, with trading volume expanding by about 20% compared to surrounding time periods, reflecting stronger short-term liquidity.
The main drivers of this unusual move are exchange net outflow funds and positive on-chain large transfers. On-chain data shows that during this time ETH saw multiple large transfers of more than 8,000 ETH per transaction. At the same time, it achieved a total net outflow of 6,558.61 ETH within 24 hours. Funds continue to flow to on-chain wallets, and exchange sell-pressure has clearly eased. Combined with Grandes inversores reducing their exchange positions, this provides direct support for upward price movement.
In addition, increased market activity and structural resonance factors coexist. The 15-minute trading volume expands, indicating improved capital activity. Some Grandes inversores transferred more than 10,000 ETH into a certain top platform, while at the macro level BTC price remains stable and stablecoin flows show no abnormalities, suggesting that this ETH unusual move is mainly driven by changes in its own capital structure. The ETH/BTC exchange rate has been trending downward over the past week, but in this period it did not experience synchronized fluctuations with BTC, so the resonance effect is limited.
Against the backdrop of heightened liquidity volatility, it is important to focus on whether subsequent large funds will return to exchanges and on changes in trading volume. If volume contracts again or liquidity reverses direction, there is a risk of drawdowns during any price rebound. Current ETH price has not yet broken through key resistance levels, and if overall crypto market sentiment cools, it may also drag ETH. It is recommended to continue monitoring on-chain fund flows, exchange position changes, and key support/resistance zones, and to be alert to short-term adjustment risks. For more real-time market information, you can follow subsequent breaking-news updates.