Ethereum was one of the best-performing cryptocurrencies in the market over the past week, with its price jumping mid-week to as high as $3,400. Interestingly, Ethereum was one of the best-performing cryptocurrencies in the market over the past week, with its price jumping mid-week to as high as $3,400. Interestingly,

Ethereum Price Falls To $3,000 As Taker Volume Spikes To New High — What’s Happening?

2025/12/14 05:00

Ethereum was one of the best-performing cryptocurrencies in the market over the past week, with its price jumping mid-week to as high as $3,400. Interestingly, the “king of altcoins” is now barely hanging on to the psychological $3,000 price level.

On Friday, December 12, the crypto market felt a wave of bearish pressure, with most large-cap assets witnessing significant price corrections on the day. According to the latest on-chain data, the Ethereum market appears to be experiencing heavy selling pressure.

Ethereum Taker Volume Sees Notable Spike

In a new post on the X platform, crypto analyst Maartunn revealed that the Ethereum price has been a victim of heavy selling pressure in the past day. This observation was based on the Taker Sell Volume metric, which saw a significant increase on Friday.

This on-chain metric estimates the total volume of sell orders filled by takers in perpetual swaps of a particular cryptocurrency (Ethereum, in this case). In crypto trading, a taker refers to a market participant who fills an existing order in an exchange’s order book.

Maartunn highlighted that the Taker Sell Volume across all centralized exchanges saw a notable uptick on Friday. Data from CryptoQuant shows that the metric rose to as high as 124.2 million ETH on the day.

According to Maartunn, this significant spike in the Ethereum Taker Sell Volume is a clear sign of aggressive selling in the market. This level of selling activity put bearish pressure on the Ethereum price, explaining the latest correction to $3,000.

60,000 ETH Flows Into Centralized Exchanges

Another on-chain signal that supports the theory of increased selling in the Ethereum market is the exchange inflow metric. According to data shared by Ali Martinez, significant amounts of ETH tokens have found their way onto centralized exchanges in the past day.

Santiment data shows that 60,000 ETH tokens, worth approximately $200 million, flowed onto exchanges on Friday. As expected, this inflow activity led to a spike in the Ethereum supply on exchanges and the open market.

With no adequate demand to mop up this increasing supply, this rising exchange inflow only puts downward pressure on the Ethereum price. As of this writing, ETH is valued at around $3,080, reflecting an over 4% decline in the past 24 hours.

Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO

Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO

The post Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO appeared on BitcoinEthereumNews.com. Aave DAO is gearing up for a significant overhaul by shutting down over 50% of underperforming L2 instances. It is also restructuring its governance framework and deploying over $100 million to boost GHO. This could be a pivotal moment that propels Aave back to the forefront of on-chain lending or sparks unprecedented controversy within the DeFi community. Sponsored Sponsored ACI Proposes Shutting Down 50% of L2s The “State of the Union” report by the Aave Chan Initiative (ACI) paints a candid picture. After a turbulent period in the DeFi market and internal challenges, Aave (AAVE) now leads in key metrics: TVL, revenue, market share, and borrowing volume. Aave’s annual revenue of $130 million surpasses the combined cash reserves of its competitors. Tokenomics improvements and the AAVE token buyback program have also contributed to the ecosystem’s growth. Aave global metrics. Source: Aave However, the ACI’s report also highlights several pain points. First, regarding the Layer-2 (L2) strategy. While Aave’s L2 strategy was once a key driver of success, it is no longer fit for purpose. Over half of Aave’s instances on L2s and alt-L1s are not economically viable. Based on year-to-date data, over 86.6% of Aave’s revenue comes from the mainnet, indicating that everything else is a side quest. On this basis, ACI proposes closing underperforming networks. The DAO should invest in key networks with significant differentiators. Second, ACI is pushing for a complete overhaul of the “friendly fork” framework, as most have been unimpressive regarding TVL and revenue. In some cases, attackers have exploited them to Aave’s detriment, as seen with Spark. Sponsored Sponsored “The friendly fork model had a good intention but bad execution where the DAO was too friendly towards these forks, allowing the DAO only little upside,” the report states. Third, the instance model, once a smart…
Paylaş
BitcoinEthereumNews2025/09/18 02:28
Eigen price spikes 33% as EigenLayer leads fresh altcoin rally

Eigen price spikes 33% as EigenLayer leads fresh altcoin rally

The post Eigen price spikes 33% as EigenLayer leads fresh altcoin rally appeared on BitcoinEthereumNews.com. EigenLayer price hovered around $2.03, up by 33% after breaking to highs of $2.09. The US Securities and Exchange Commission’s move to approve a rules-based listing standard buoyed altcoins. EIGEN price also gained as the Fed cut interest rates, EigenLayer (EIGEN) is surging. Its price hovers near $2.03, currently up by 33% in 24 hours as a broader rally boosts altcoins. The cryptocurrency market is witnessing a notable resurgence amid the Federal Reserve’s monetary policy decision and a key regulatory win for altcoins. EigenLayer price jumps 33% to retest key level As most altcoins posted minor gains in early trading on Thursday, EigenLayer’s EIGEN token experienced a dramatic 33% price increase. The EIGEN token climbed from lows of $1.50 to hit highs of $2.09, with the sharp uptick marking a significant continuation following a breakout of a descending triangle pattern. Some catalysts of the uptick include partnerships and integrations, regulatory developments and macroeconomic indicators. For instance, on September 17, 2025, the US Securities and Exchange Commission approved generic listing standards for commodity-based trust shares. It means the regulator is adopting a rules-based approach that will streamline the approval process for exchange-traded products on platforms like the NYSE, Nasdaq, and Cboe Global Markets. BOOM: SEC has approved the generic listings standards that will clear way for spot crypto ETFs to launch (without going through all this bs every time) under ’33 Act so long as they have futures on Coinbase, which currently incl about 12-15 coins. pic.twitter.com/E9FXrniXRS — Eric Balchunas (@EricBalchunas) September 17, 2025 EIGEN gained ground as the Federal Reserve’s rate cut supported broader risk sentiment, while optimism has also been fueled by EigenLayer’s recent partnership with Google. In the past 24 hours, trading in the protocol’s native token surged, with volumes topping $427 million — a 260% jump alongside…
Paylaş
BitcoinEthereumNews2025/09/18 17:43