Recent market dynamics and capital flows:


.ETH total network 24-hour contract trading volume rose by 38.22%, reaching $46.297 billion. US spot ETH ETFs saw a net outflow of $50.4 million yesterday.

Short-term capital shows some outflow, with whale movements:
.Matrixport-associated whales opened another 30,000 ETH long position with 15x leverage, and currently hold a total of 58,000 ETH long positions (, worth about $130 million ). Some whales are showing floating losses, including the on-chain largest long address tied to BIT.

At present, floating losses are about $110,000 (-5%), with liquidation risk:
If ETH falls below $2,174, the liquidation strength of cumulative long positions on major CEXs will reach $785 million;
If ETH rises above $2,399, the liquidation strength of cumulative short positions will reach $759 million.
ETH-2.63%
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