The price of Ethereum fell below $4,000, causing significant market fluctuations. Some traders with large positions in ETH became the “biggest losers,” with individual settlements reaching up to $36.4 million. This wave of volatility not only reflects the high risks in the crypto market but also reminds investors that it is crucial to manage leverage and risk effectively during periods of alternating bull and bear markets.

Key points
● One Ethereum trader lost $36.4 million due to a single settlement, with total losses exceeding $45 million.
● Ethereum is currently facing a large number of long-side settlements in the range of $2,370 to $2,500 per unit.
● Technical indicators suggest that Ethereum prices may further decline by 10%-15% this month.
On Thursday, after Ethereum’s price dropped below $4,000, one trader lost $36.4 million due to a huge long-position settlement.

Ethereum underwent long-side settlements worth over $718 million
The wallet “0xa523” bet on 9,152 ETH, expecting prices to rise, but it became one of the largest single-traderer losses within the past 24 hours, with all its positions liquidated.
Lookonchain reported that the wallet “0xa523” now has only $500,000 left in funds, resulting in total losses of over $45.32 million. This makes it the “biggest loser” in the Ethereum market.

According to CoinGlass data, in the past 24 hours, bullish traders suffered heavy losses due to long-side pressure amounting to $331.66 million.

In just this week, Ethereum traders have experienced long-side settlements worth over $718 million. In contrast, short-side settlements amounted to $79.62 million. During the same period, Ethereum prices dropped by 10.56%.
CoinGlass的清算热图显示,在2370美元至2500美元之间存在大量杠杆堆积。

因此,如果ETH继续下跌,该区间内的许多多头将面临清算,这使其成为在市场重新站稳脚跟前,抛售可能加剧的区域。
在上行方面,4760-5000美元处有一个大型集群。如果ETH反弹至这些水平,空头卖家将陷入困境并可能被迫回补,从而推高价格。
ETH价格技术面警示可能再下跌10-15%
以太坊在日线图上确认了对称三角形形态的突破,这通常是一个看跌反转形态,特别是在强劲上升趋势后出现时。
这一走势将即时偏向转为下行,短期内下一个目标位于0.382斐波那契回调水平附近的3595美元,较当前水平下跌约10%。

下行目标落在ETH的成交量分布(VPVR)所强调的支撑区域——3600-3400美元区间内。
该区域与ETH 200天指数移动平均线(200日EMA;蓝色波线)在3392美元附近重叠,这表明如果抛售行情在10月继续加剧,最坏情况下价格可能下跌15%。
ETH价格能否回暖?
知名分析师Kamran Azghar指出,约3600美元区域是一个"关键需求"区,他表示ETH价格可能反弹至4900美元或更高水平。

At the same time, analyst Cold Blood Shiller pointed out that Ethereum’s weekly chart shows that the price is testing the key support level around $3,800-$4,000. This area served as a resistance level during the 2022-2023 cycle. If the price can hold above this level, it could indicate a positive trend, turning resistance into support. If ETH bulls can maintain their position at $3,800-$4,000 over the next few days, there is still a possibility of a rebound to the $4,760-$5,000 range. This target has been mentioned by several bullish analysts in the past.

Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
ETH