CRTR increased by 830164.20% after launching Alpha, current price is 0.05185 USDT

ETH drops below 1950 USDT

Gate News bot message, Gate market display, ETH drops below 1950 USDT, current price 1949.22 USDT.

BTC drops below 67,000 USDT

Gate News bot message, Gate market display, BTC drops below 67,000 USDT, current price 66,992.6 USDT.

ETH drops 1.12% in 15 minutes: On-chain whale rebalancing and liquidity contraction drive short-term pressure

On March 3, 2026, from 08:30 to 08:45 (UTC), ETH experienced significant fluctuations, with the 15-minute return rate dropping to -1.12%. The price range fluctuated between 1958.47 and 1984.61 USDT, with an amplitude of 1.32%. Market attention increased during this period, short-term volatility intensified, investor sentiment was clearly cautious, and trading volume contracted accordingly. The main drivers of this fluctuation were large on-chain fund rebalancing and major holder stop-loss actions. Combining historical on-chain data, whale accounts frequently conducted large transfers and buy-sell activities, which have repeatedly triggered short-term sharp market volatility in the past. The current window

Today, the crypto market is rebounding against the trend, with macro hedge whales holding long positions in gold and silver and short positions in cryptocurrencies, resulting in a daily loss of $500,000.

According to HyperInsight monitoring, the whale account (starting with 0x7c9) experienced a daily loss of over $500,000, with a net value of approximately $1.88 million, and a position size still reaching $14.07 million. It heavily held long positions in gold and silver, supplemented by short positions in cryptocurrencies, attempting to hedge extreme risks. However, the market trend was opposite to expectations, resulting in losses.