Ethereum (ETH) was behind while Bitcoin raced from record to record in 2025. But a few weeks ago, he beat the 2021 ATH, breaking $4,900, reaching a new record.
However, the revisions in the general cryptocurrency market also affected EtherUem, dropping to the $4,200 level.
The decline in Ethereum prices was accompanied by a sharp drop in ETH trading volume. I’m wondering how this will affect the market and price, but Cryptocurrency Services Provider Matrixport has released an updated analysis.
Matrixport said that a drop in Ethereum’s ETH volume could increase pressure on its strengths and force traders to close its strengths.
Matrixport analysts said ETH Spot’s trading volume fell from $122 billion to $41 billion this week, while public interest on futures has been declining very little.
Matrixport noted that the situation could force some investors to close their leveraged positions, which could negatively affect prices.
Matrixport, which is predicting ETH’s bearish prices, has deposited $43.7 million in ETH with Binance.
According to the data, the address associated with Matrixport deposited 10,000 ETH worth $43.77 million for Binance today.
Matrixport currently holds $461 million in assets, with BTC accounting for 81.6% of that total. The company also holds an additional 4,272 ETH worth $18.33 million.
The wallet connected to Matrixport had previously deposited a total of 95,873 ETH (approximately $452 million) into the exchange of Binance and OKX, but the same wallet has withdrawn 2,354.6 BTC ($272 million) from Binance and OKX.
*This is not investment advice.
