Ethereum News in Nigeria

Key takeaways: Uniswap, a DeFi protocol founded in 2018 by former mechanical engineer Hayden Adams. The Uniswap exchange is a 100% on-chain automated market maker

The post Ethereum Hit by Binance Outflows, Liquidations, Support Break appeared on BitcoinEthereumNews.com. Ethereum is facing one of its most intense 24-hour shake-ups as Binance outflows, heavy liquidations, and a key support break hit at the same time. The combined pressure shows how quickly leveraged positions and exchange flows can drive sharp market shifts. Binance ETH Outflows Intensify as Price Slides Binance moved large batches of Ether across exchanges while ETH dropped toward the 2700 zone, according to Arkham’s real-time data. Transfers from several Binance hot wallets sent thousands of ETH to venues such as GSR Markets, Wintermute, Bitfinex, KuCoin, BTSE, and OKX, coinciding with more than 350 million dollars in ETH liquidations in 24 hours. Binance ETH Outflows Chart. Source: DeFiTracer The chart shows ETH breaking below support as long positions hit margin thresholds and trigger forced unwinds. At the same time, outgoing flows from Binance to market-making desks and other exchanges include multiple transactions above one million dollars each, recorded within minutes. This overlap of heavy liquidations and large outbound transfers created a feedback loop that deepened ETH’s decline. Longs unwound into thinning liquidity while Binance-linked flows added selling pressure, leaving the sharp drop visible on both price charts and on-chain dashboards. ETH Longs Wiped Out as Liquidation Bands Shift Lower Meanwhile, Binance’s ETH/USDT heatmap shows a clear cascade of long liquidations as price slid from above 2900 toward 2700. The highest liquidation clusters sit between roughly 2900 and 3050, where repeated yellow and green bands mark heavy forced exits while price trended lower through that zone. Ethereum Liquidation Heatmap Binance. Source: Coinglass Then the map reveals a second, tighter liquidation pocket around 2800. As ETH lost that level, liquidation intensity briefly spiked, confirming that many leveraged longs were positioned just below prior support. After that flush, the upper bands thin out, suggesting that a large portion of high-leverage exposure above…

Ethereum bevindt zich op dit moment in een duidelijk bearish trend. De prijs is na een korte consolidatie opnieuw fors gedaald, waarbij het vertrouwen in een herstelpoging rond het oude supportniveau snel verdween. Marktstructuur vertoont vooral zwakte en het sentiment is negatief, met verhoogde druk op de lagere zones.​ Check onze Discord Connect met "like-minded" crypto enthousiastelingen Leer gratis de basis van Bitcoin & trading - stap voor stap, zonder voorkennis. Krijg duidelijke uitleg & charts van ervaren analisten. Sluit je aan bij een community die samen groeit. Nu naar Discord Recap van vorige week Vorige week werd onderstreept dat Ethereum beslist moest bouncen vanaf het toenmalige supportniveau. Bleef die bounce uit, kon een hevige sell-off volgen die veel pijn in zowel ETH als altcoins zou veroorzaken. Inmiddels is dit waarheid. ETH is fors onderuit gegaan en handelt ruim onder het vorige steunniveau, met een duidelijke versnelling naar beneden.​ [TradingView] Golden pocket ETH is door de zogenoemde “golden pocket” gevallen, het gebied rond de 0.618-0.65 Fibonacci retracement ($2636-$2750). Deze zone werd lang beschouwd als ideale support voor een reversal, maar is nu op het randje van breken. Dit bevestigt de fragiele marktvorming en versterkt de bearish outlook. [TradingView] Weekly FVG Ethereum handelt momenteel in een weekly Fair Value Gap, exact tussen de huidige prijs en de golden pocket. Dit gebied fungeert als laatste echte buffer voordat het volgende major supportniveau in beeld komt. Bij een breakdown zal het als resistance fungeren en nog meer verkoopdruk veroorzaken. Volume rond deze zone is hoog, met veel nervositeit onder beleggers.​ Worst case Het slechtste scenario is een breakdown door deze zone, waarmee Ethereum hard kan terugvallen richting de 0.786 Fibonacci rond $2100. Dit zou een flinke shakeout betekenen voor de totale crypto markt en vooral altcoins zwaar raken. Structureel sentiment blijft dan extreem bearish en extra capitulatie is niet uitgesloten. Beleggers moeten extra opletten op de prijsactie rond en onder deze zone.​ Conclusie Zolang Ethereum geen duidelijke reclaim van de golden pocket en weekly FVG laat zien, blijft het risico op verdere daling groot. De markt is zwak, bears zijn in controle en een worst case scenario is reëel indien support blijft breken. Alleen een overtuigende bounce vanuit de huidige zone kan het tij keren. Tot die tijd overheerst voorzichtigheid. Ethereum (ETH) kopen op Bitvavo Bitvavo - grootste crypto exchange in Nederland Meer dan 340 beschikbare cryptocurrencies Lage transactiekosten Gemakkelijk via iDeal geld storten Professionele traders dashboard Bitvavo review Koop ETH op Bitvavo Let op: cryptocurrency is een zeer volatiele en ongereguleerde investering. Doe je eigen onderzoek. Het bericht ETH analyse – De daling is wellicht nog niet voorbij! is geschreven door Youri Oosterveen en verscheen als eerst op Bitcoinmagazine.nl.

PANews reported on November 21 that, according to on-chain analyst Ember, a whale staked ETH for three and a half months, earning 31 ETH (US$80,000) in interest, but lost its principal of US$4.66 million. In early August, he withdrew 4,000 ETH from Binance and deposited them into Lido for staking and interest. Half an hour ago, he redeemed all 4,031 ETH and transferred them to Kraken. He deposited the ETH for three and a half months and earned 31 ETH (US$80,000) in interest, but his principal was wiped out by US$4.66 million: the price of ETH dropped from US$3,905 when he staked it to US$2,682 now.

PANews reported on November 21 that, according to Onchain Lens monitoring, a trader has made a floating profit of $19.51 million through his high-leverage short positions on the HyperLiquid platform. He further increased his short positions: ETH shorts increased from 259 to 1204.67, worth $3.23 million; SOL shorts increased from 438,868 to 462,374.2, worth $57.3 million. His cumulative profits have climbed from $18.9 million to $27.8 million.

The post Institutions Exit, Liquidations Spike, and Analysts Sound the Alarm appeared on BitcoinEthereumNews.com. Ethereum Ethereum has entered one of its most difficult phases of the year, sliding to the $2,700 zone after another round of heavy selling. Key Takeaways: Ethereum’s drop to the $2,700 range accelerated after more than $413 million in long liquidations. ETF outflows hit $261.6 million on Nov 20, adding strong sell pressure from institutions. Weak on-chain activity and rising ETH supply continue to weigh on price sentiment. The move wasn’t gradual — over $413.9 million in leveraged ETH positions were liquidated in just one day, and longs absorbed $381 million of that hit, meaning bulls were forced out of the market while price collapsed. The cascade selling amplified downward momentum and erased any intraday recovery attempt. Technical Indicators Signal No Immediate Relief The latest 4-hour chart paints a worrying picture. The RSI sits near 26, indicating deep oversold conditions yet not flashing a proper bottom structure. The MACD histogram continues to expand to the downside, while the signal lines remain widely separated — clear signs that bearish momentum is still dominating. Every bounce over the past two weeks has failed to break declining resistance, and the structure of lower highs remains intact. ETF Market Turns Against Ethereum Institutional flows added fuel to the decline. On November 20, Ethereum ETFs recorded $261.6 million in net outflows, marking one of the heaviest red days of the month. The Grayscale Ethereum Trust once again led withdrawals, followed by Bitwise and BlackRock products. This reinforces a theme that institutions are still reducing exposure rather than averaging down. On-Chain Weakness Now at the Center of the Narrative For months, analysts have hinted that Ethereum’s biggest risk wasn’t competition — it was stagnation. Transaction fees are lower, yet activity has not returned to Ethereum’s main chain. Core revenue drivers like DeFi participation, NFT trading, and…

TLDR Coinbase introduced Ethereum-backed loans allowing US customers to borrow up to $1 million in USDC against ETH collateral The lending service runs through Morpho protocol on Base network and excludes New York residents Base network has facilitated $1.25 billion in total loan originations with $810 million currently outstanding Borrowers face automatic liquidation if their [...] The post Coinbase (COIN) Stock: Exchange Offers Million-Dollar Loans Against Your Ethereum appeared first on Blockonomi.

The post Shocking Evidence Reveals Systematic Market Manipulation appeared on BitcoinEthereumNews.com. Have you noticed Bitcoin’s unusual price behavior recently? New analysis reveals something concerning: Bitcoin is experiencing sustained artificial selling pressure that doesn’t align with normal market patterns. This systematic liquidation has created a unique situation where technical indicators hit extreme levels while prices show surprising resilience. What Exactly Is This Bitcoin Selling Pressure? According to market experts Negentropic, managed by Glassnode co-founders, a specific entity has been systematically selling Bitcoin holdings since October 10th. The pattern shows consistent, mechanical selling that appears programmed rather than emotional. This Bitcoin selling pressure manifests through: Repeated selling at identical times each day Shallow exchange liquidity conditions Absence of normal reflexive buying Consistent volume over 21 consecutive days Why Does This Bitcoin Selling Pressure Matter? The technical indicators tell a compelling story. The daily MACD indicator has plunged to historic lows, yet Bitcoin’s price has only declined about 33% from its peak. This divergence is extremely rare in typical market corrections. Normally, such extreme technical readings would accompany much steeper price drops. Moreover, the Relative Strength Index is approaching capitulation levels. However, the controlled nature of the decline suggests this isn’t panic selling but rather calculated, programmed liquidation. How Does ETH’s Performance Reveal the Truth? Here’s where it gets interesting. Ethereum has shown relative strength compared to Bitcoin during this period. If worsening investor sentiment drove the decline, both major cryptocurrencies would likely fall in similar fashion. The divergence suggests something more specific is affecting Bitcoin. This selective pressure points to a liquidity provider or fund that may have suffered structural damage, forcing it to unwind Bitcoin positions systematically. The consistency of the selling patterns supports this theory. When Will This Bitcoin Selling Pressure End? The good news? Market structure remains robust despite the artificial Bitcoin selling pressure. Experts view this as a limited…

TLDR: Ethereum trades just above $2,650 after losing crucial support, raising focus on the next price reaction. Analysts track $3,200 as a major resistance zone that could define the next directional breakout. Market updates highlight the $2,580 support area as a key level for potential reversal attempts. Long-term projections shift higher as new cycle analysis [...] The post Ethereum Tests Key Support as Expert Updates Long-term ETH Price Target appeared first on Blockonomi.

FG Nexus sells 10,922 ETH for a $43M share buyback as Ethereum drops below $3,000, adjusting strategy amid market volatility.   FG Nexus, a major cryptocurrency treasury firm, recently sold 10,922 ETH in response to Ethereum’s price drop. The sale, worth approximately $33 million, was used to fund a $43 million share buyback program. This […] The post FG Nexus Sells 10,922 ETH to Boost Buyback Program Amid Market Drop appeared first on Live Bitcoin News.