Analysis: Whale escape concerns trigger market volatility, ETH short-term decline now oscillating in the $2500 range

金色财经
金色财经|Jun 01, 2025 09:57
According to a report by Golden Finance, the price of ETH fell to $2500 in a short period of time but then rebounded. Trading volume significantly increased around midnight, especially in the last hour when over 48000 ETH were traded within two minutes, causing the price to fall below the support range of $2515-2520. On chain data shows that about 385000 ETH flowed into centralized exchanges such as Binance, sparking speculation in the market that institutional investors may reduce their holdings. At present, the price of ETH is fluctuating within the $2500 range, which is considered a key psychological and technical support level. In addition, global trade tensions and the risk of US tariffs have intensified the market's risk aversion, and the digital asset market has begun to fluctuate in sync with traditional markets.
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