The Ethereum derivative markets have just recorded their most important exit from ETH since August 2023, with more than 300,000 ETH withdrawn from exchange platforms on February 6, 2025. This massive movement, representing around 817.2 million Dollars, intervenes in a context of increased volatility on the market.
A strong signal for the derivative market
On February 6, Crypto derivative products platforms recorded a record net negative flow of 300,000 ETH, which represents around $ 817 million. According to AMR Taha, an analyst at Crypttoier, this massive withdrawal constitutes a bullish signal for several reasons.
First, it significantly reduces the offer immediately available for sale on platforms, which could limit the down pressure. In addition, these important outings suggest a closure of leverage positions and a possible transfer to cold storage solutions, indicating a longer -term investment perspective.
This dynamic comes while Ethereum is going through a period of turbulence, with a drop of 19.42 % over the last 30 days and a course evolving below the symbolic bar of 3,000 dollars since February 3.
Famous analyst Kyle Doops underlines that “” Movements of such magnitude generally point out a reduction in selling pressure and important position closures “, Which could predict a trend reversal.
A favorable context for a resumption of Ethereum
The current context is particularly favorable for Ethereum. The Crypto World Liberty Financial project, associated with Donald Trump, continues to increase his positions in ETH, while Eric Trump publicly displayed his optimism, publishing on February 5 on his X account that ” This is the ideal time to acquire eth », Thus stimulating the interest of investors.
In addition, the Ethereum community also shows signs of dynamism with 52 % of validators who support an increase in the Gas Limit, a technical development that could improve network capacity and potentially reduce transaction costs.
The accumulation of positive technical indicators, coupled with favorable fundamental developments, suggests that the recent correction could offer an attractive entry point for investors.
In short, the significant reduction in the offer available on derivative platforms, combined with the growing interest of institutional investors, could catalyze a resumption of the ETH price in the coming weeks. Some analysts even believe that he could find his former historic record of $ 4,878 reached in 2021.
Maximize your Cointribne experience with our 'Read to Earn' program! For each article you read, earn points and access exclusive rewards. Sign up now and start accumulating advantages.
