On April 16, Ethereum registered its most significant single-day net inflow to derivative exchanges in recent months. More than 77,000 ETH was moved, surpassing earlier spikes on March 26 and April 3. According to on-chain analysts, both earlier events were followed by sharp price declines. Ethereum Exchange Netflow Source: CryptoQuant Data shows that 65,000 ETH transferred on March 26 preceded a notable selloff. The same pattern repeated on April 3 after another significant inflow. These movements signal that traders may be hedging or opening short positions. Ethereum’s price, hovering around $1,562, reflects this behavior. Institutional traders often use derivatives to
<p>The post Ethereum Drops Below $1,565 as Derivatives Spike and Whales Accumulate Quietly first appeared on Coin Crypto Newz.</p>
