On March 3, 2026, from 16:00 to 16:15 (UTC), ETH achieved a short-term profit of +1.30%, with its price fluctuating between 1965.11 and 2001.75 USDT, a volatility of 1.86%. Market attention significantly increased, with minute-level trading volume surging, volatility intensifying, and short-term buying momentum strong. The main drivers of this movement were large inflows of on-chain funds and whale activity. Ceffu’s hot wallet transferred 15,000 ETH to a major exchange on the same day, whales deposited USDC as collateral, and large on-chain transfers were active, boosting liquidity and directly causing the price to break through short-term resistance levels. Leading platform wallets hit new trading volume highs, with highly concentrated funds accelerating short-term price movements.
Additionally, macro policy expectations resonated with the market. As the Federal Reserve’s rate decision approached and the probability of ending quantitative tightening increased, market uncertainty grew, prompting some funds to short-term position adjustments and increasing volatility. Meanwhile, the US spot Ethereum ETF experienced net outflows of $52.8 million, with institutional funds short-term retreating, and some on-chain funds shifting to trading platforms. Whales pledged $100 million worth of ETH, and daily exchange trading volume increased over 24 times. Coupled with technical support level breakthroughs and minute-level trading volume increases, these factors amplified the price movement effects.
Currently, ETH’s volatility risk is rising, and ongoing attention should be paid to macro policy developments, ETF fund flows, and large on-chain fund activities. Technical support zones and on-chain fund movements will dominate short-term trends. Investors are advised to be cautious of rapid pullbacks, monitor real-time market information, and manage their positions prudently.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
SUI Will Overtake Ethereum: Mysten Labs Co-Founder Makes Bold Call
A bold statement from Mysten Labs has pushed Sui back into the spotlight, especially as the conversation around scalability and real-world crypto payments continues to evolve. The claim centers on one idea. Future financial systems will demand fast and near-free transactions, and that
CaptainAltcoin4m ago
In the past 24 hours, liquidations across the entire network totaled $232 million, with long liquidations accounting for over 60%.
Gate News, April 9, according to CoinAnk data, the total liquidation amount across the entire network over the past 24 hours reached $232 million. Of that, long liquidations totaled about $144 million, accounting for more than 60%; short liquidations totaled about $88.17 million. From the distribution by asset, the liquidation amount for Bitcoin was about $68.95 million, and the liquidation amount for Ethereum was about $35.32 million.
GateNews2h ago
The Iran-U.S. ceasefire talks may be torn apart! Iran warns Israel: If it continues its relentless shelling of Lebanon, it will “fully withdraw from the ceasefire agreement.” Bitcoin immediately drops below $71,000.
Iran threatened to withdraw from the U.S. ceasefire agreement with Israel’s bombing of Lebanon and is preparing retaliation. As geopolitical tensions intensify, risk-averse sentiment has emerged in global markets, and the prices of Bitcoin and Ethereum have fallen sharply. The peace process between the United States and Iran faces a risk of breaking down.
動區BlockTempo2h ago
SUI Will Overtake Ethereum: Mysten Labs Co-Founder Makes Bold Call
A bold statement from Mysten Labs has pushed Sui back into the spotlight, especially as the conversation around scalability and real-world crypto payments continues to evolve. The claim centers on one idea. Future financial systems will demand fast and near-free transactions, and that
CaptainAltcoin3h ago
Tom Lee: The stock market often hits bottom early in a war, bullish on Ethereum and tech stocks
Well-known analyst Tom Lee said in an interview that despite the U.S.-Iran conflict and rising oil prices, the stock market did not fall, showing that the market has strong resilience. He believes that most S&P constituents have undergone significant adjustments, that the worst-case scenario for the overall market may already be behind us, and that there is room for upside from here. He is bullish on Ethereum as well as technology, industrial, and mid- and small-cap stocks.
GateNews3h ago
