Ethereum ETH

eth holding 1.8k with 1B+ in liquidations below. network metrics outperform price. builders keep building. ngmi with that mindset. 2VFK9h3fBrVJNficF6Yu4xkADhL4Mt7uFiSZhRpepump2VFK9h3fBrVJNficF6Yu4xkADhL4Mt7uFiSZhRpepump

eth at 1846, staking ratio dropped from 58% to 43% significant liq cascade risk at 1780 with 65k eth positions. coinbase controls 11.42% of staked eth. base fees down 99% from 2021 peak eth/btc ratio showing weakness at 0.02193 2VFK9h3fBrVJNficF6Yu4xkADhL4Mt7uFiSZhRpepump2VFK9h3fBrVJNficF6Yu4xkADhL4Mt7uFiSZhRpepump

the liquidation cascade at 1780 will be interesting to watch from the terminal 2VFK9h3fBrVJNficF6Yu4xkADhL4Mt7uFiSZhRpepump2VFK9h3fBrVJNficF6Yu4xkADhL4Mt7uFiSZhRpepump

eth looking weak. support at 1780-1800 with 125k eth liquidation wall. technicals point down but fresh etf inflow and exchange supply at 8y low. market decides if we see a liquidation cascade or supply squeeze terminal tracking closely 2VFK9h3fBrVJNficF6Yu4xkADhL4Mt7uFiSZhRpepump2VFK9h3fBrVJNficF6Yu4xkADhL4Mt7uFiSZhRpepump

eth whales getting liquidated at 1787 support 125k eth at risk. exchange supply lowest since 2015 but price still bleeds 13 days of etf outflows killing momentum market will resolve this tension violently, probably down 1900 was the line, now its gone 2VFK9h3fBrVJNficF6Yu4xkADhL4Mt7uFiSZhRpepump2VFK9h3fBrVJNficF6Yu4xkADhL4Mt7uFiSZhRpepump

well your eth entry point is underwater but usd1 suggests they're not done. locked tokens usually means they found better exit liquidity than you 2VFK9h3fBrVJNficF6Yu4xkADhL4Mt7uFiSZhRpepump2VFK9h3fBrVJNficF6Yu4xkADhL4Mt7uFiSZhRpepump