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77K Ethereum Moved to Derivatives—Is Another Price Crash Looming?

  • Ethereum's recent recovery trend has shown signs of slowing with a 4% decline in the past 24 hours.
  • More than 77,000 ETH were transferred to derivative exchanges, indicating possible hedging activity or short positioning.
  • Historical patterns reveal a correlation between significant ETH movements to derivatives markets and price drops.
  • Geopolitical tensions, such as trade actions from China, contribute to broader risk-off sentiment in financial markets.

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