Recently, the Ethereum (ETH) market has seen some noteworthy movements. In addition to some public institutional investors like SBET making large purchases, and the capital inflow brought by ETFs, what is even more concerning is the hidden mysterious funds in the market.



The operations of these dark line funds have created a unique pattern in the price movement of Ethereum. Observing the market, it can be found that when the price of Ethereum gradually rises from 3100 dollars to 3200, 3300, 3500, 3600, and 3700 dollars, until it breaks the 4000 dollar barrier, the price of Bitcoin (BTC) remains relatively stable at around 118000 dollars.

This unusual price trend has sparked speculation in the market. There are rumors that Ethereum is undergoing a change in ownership, and the current market performance seems to confirm this claim. As the price of Ether continues to rise, even breaking through $4600 at one point, more and more investors are beginning to follow the potential large capital operations behind this.

The reasons behind this price trend are worth exploring in depth. Are there large institutions secretly positioning themselves? Or are there other factors driving the strong rise of Ethereum? Regardless, this unique market phenomenon undoubtedly provides cryptocurrency investors with a new perspective while also reminding us to closely follow market movements and view price fluctuations rationally.
ETH-0.34%
BTC-0.01%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
SelfSovereignStevevip
· 6h ago
Behind it, there are really all Whales controlling the market trend.
View OriginalReply0
BrokenYieldvip
· 08-14 14:50
smart money moving in silence... typical pre-dump accumulation pattern tbh
Reply0
PensionDestroyervip
· 08-14 14:48
Experienced ETH day traders, bullish advocates. The market has a good prediction, likes to analyze from technical and contrarian thinking perspectives, claiming that their pension has been fully all in.

Comment: Whose pension have I taken again?
View OriginalReply0
SchroedingersFrontrunvip
· 08-14 14:48
Pro quietly bought coins again?
View OriginalReply0
GasFeeBarbecuevip
· 08-14 14:46
Pay back, pay back, whoever buys pays back!
View OriginalReply0
Degen4Breakfastvip
· 08-14 14:35
The manipulation behind it is too obvious, right?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)