NEWSLETTER
The price of ethereum has crashed more than 53% of its maximum of 2024, eliminating $ 255 billion in market value as its market capitalization fell from $ 482 billion to $ 227 billion.
ethereum (eth) has fallen as concerns about the network continue. On Monday, Standard Chartered analysts reduced their eth price objective from $ 10,000 to $ 4,000, citing the structural decrease in the network.
Many ethereum investors have suffered losses during the current accident. According Santimento dataethereum's total supply percentage has decreased to 47.6%, its lowest level since October 2023. The loss of the network has also reached its lowest point in almost two years.
<img loading="lazy" decoding="async" width="3840" height="1300" src="https://crypto.news/app/uploads/2025/03/ethereum-Supply-in-Profit.png” alt=”The price of ethereum in the rapid since the hyperlichid merchant obtains a benefit of $ 86 million – 1″/>
Not everyone is losing money in ethereum. Coinglase data shows that an operator earned $ 86 million in short circuit in Hyperliquid. The merchant made a brief exchange of $ 143 million on March 3 when ethereum quoted at $ 3,000.
By applying the 25x leverage, the merchant has benefited since eth fell to $ 1,878 on Tuesday. Its financing rate was $ 3.13 million, and its margin was $ 5.76 million. Its position will be settled if ethereum will recover at $ 3,194.
Meanwhile, another merchant lost $ 5.21 million after spending a lot of time in ethereum. This merchant bought 18.6 eth and applied 20x leverage. Your trade will be settled if eth falls to $ 1,725.
<img loading="lazy" decoding="async" width="2750" height="983" src="https://crypto.news/app/uploads/2025/03/ethereum-Hyperliquid.jpeg” alt=”The price of ethereum in the rapid since the hyperlichid merchant obtains a benefit of $ 86 million – 2″/>
Technical analysis of ethereum Price
<img loading="lazy" decoding="async" width="3574" height="1986" src="https://crypto.news/app/uploads/2025/03/ethereum-Price-6.png” alt=”ethereum price”/>
The technicians suggest that ethereum's short seller can remain profitable, since the indicators point to an inconvenience.
ethereum Price has formed a death pattern to death since mobile averages of 50 days and 20 days turned to each other in February.
The currency is now forming a bearish flag pattern, which consists of a long vertical line and a symmetrical triangle. The triangle is approaching its confluence point, suggesting that a bassist break could lead ethereum to the psychological level of $ 1,500, approximately 20% below its current price.
