Between 15:45 and 16:00 (UTC) on March 4, 2026, ETH experienced a significant price fluctuation, with a K-line return of +1.09%. The price range moved from 2126.16 to 2158.9 USDT, with an amplitude of 1.54%. Short-term volatility increased during this period, attracting market attention, with trading volume and sentiment rising simultaneously. The main drivers of this movement were large whale buy-ins on the blockchain and continuous net inflows into ETFs. Specifically, on March 3, whales exchanged 99.5 BTC for 3,347 ETH via ThorChain, indicating a preference for ETH. Additionally, Ethereum ETF saw a single-day net inflow of 20,670 ETH, with iShares also contributing significant inflows, and institutional funds boosting the short-term price rebound of mainstream coins.
Furthermore, the derivatives market was active, with the daily average trading volume of CME ETH futures increasing by 65%, creating a resonance between leveraged funds and the spot market. After the US and Israel’s airstrikes on Iran, global safe-haven capital flowed into cryptocurrencies, with funds outflow from Iran-related exchanges surging by 700%. Combined with ETF and whale activities, this further amplified the price effects. Technically, although ETH remains in a generally bearish state with an RSI of 43.71, short-term capital movements showed attempts at突破 and short covering. Market forecast data also indicate a positive outlook for ETH’s short-term rebound.
Currently, ETH faces short-term volatility risks. If it cannot effectively break through the key resistance zone at $1990-$2010, there remains downward pressure. Geopolitical tensions and global liquidity changes require ongoing attention, as active leverage in the derivatives market has increased volatility. It is recommended to closely monitor on-chain fund movements, institutional ETF inflow data, and technical support levels to manage short-term risks. For more real-time market updates, please continue to follow market news.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
"Brother Maqi" deposits $210,000 into HyperLiquid to increase ETH long position by more than 25 times
Gate News Report, March 6, according to Onchain Lens monitoring, "Big Brother MaJie" deposited $210,000 USDC into HyperLiquid to increase his ETH 25x long position. Previously, as the market declined, "Big Brother MaJie" had closed most of his positions at a loss, and his unrealized loss has now exceeded $29.7 million.
GateNews8m ago
ETH drops below 2000 USDT, 24H decline of 5.68%
Gate News Report, March 6th, according to data from a certain CEX market, ETH dropped below 2000 USDT, currently at 1999.87 USDT, down 5.68% in the past 24 hours.
GateNews1h ago
Short-selling firm Culper releases bearish report on Ethereum: Fusaka upgrade disrupts ETH token economics
Aggressive short-selling firm Culper Research has released a report bearish on Ethereum (ETH), believing that the Fusaka upgrade in 2025 will cause structural damage to ETH's token economy. The report points out that a significant decrease in Gas fees has led to increased address pollution attacks and reduced validator rewards, and emphasizes that Ethereum is facing competitive pressure from Solana and L2 solutions. Culper believes that ETH's value capture ability is declining and has started shorting ETH.
ChainNewsAbmedia1h ago
ETH drops below 2000 USDT
Gate News bot message, Gate market display, ETH drops below 2000 USDT, current price 1998.74 USDT.
CryptoRadar1h ago
ETH 15-minute sharp decline of 1.53%: Large investors' short-term profit-taking and ETF capital outflows resonate, triggering a significant drop
From 13:45 to 14:00 on March 6, 2026 (UTC), ETH experienced a significant fluctuation, with a short-term decline of 1.53%. The price fluctuated sharply between 2019.21 and 2051.26 USDT, with an amplitude of 1.56%. High-frequency sell orders surged, market attention spiked, trading volume increased, and the divergence between bulls and bears intensified. Market sentiment became more cautious.
The main driving force behind this fluctuation was large investors and whale accounts reducing their positions after a short-term rebound, leading to a rapid release of large sell orders and triggering short-term selling pressure in the market. On the ETF front, holdings
GateNews1h ago
