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

Ethereum has mirrored Bitcoin’s recent recovery trend, posting a near 10% gain over the past week. The asset had previously experienced a sharp correction, but its latest rally saw prices climb toward the $1,600 mark. However, the momentum has shown signs of slowing in the past 24 hours, with ETH slipping by around 4% to trade at $1,574 as of the time of writing. This decline comes amid renewed global macroeconomic uncertainty and shifting on-chain activity that may influence short-term market dynamics source: https://www.newsbtc.com/news/ethereum/77k-ethereum-moved-to-derivatives-is-another-price-crash-looming/