Ethereum is experiencing one of the most active sell-off periods in recent memory as funds, ecosystem insiders, and major holders all look to limit their exposure. As volatility increases, $ETH As we approach the psychologically crucial $2,000 zone, on-chain data is now revealing a wave of forced sales and liquidation avoidance by some of the largest market participants.
Large holders start selling
Aave founder Stani Kulechov sent the latest signal just a few hours ago when he sold 4,503 units. $ETH Approximately 8.36 million dollars at approximately 1,857 dollars. These actions by prominent ecosystem actors rarely go unnoticed and often increase market anxiety, especially during times of market volatility.
large amount $ETH At the moment it is still being sold to exchanges by Trend Research. In an effort to sell debt and reduce risk, the fund recently transferred 20,000 Ethereum, or $38.6 million, to Binance. Total debt is $343.77 million, with a liquidation threshold ranging from $1,509 to $1,800, with Trend Research currently holding $416,149. $ETH Aave values it at approximately $791 million.
The pressure doesn’t end there. Additional reports indicate that the wallet may be connected to the famous Konstantin Romashuk. $ETH User and co-founder of P2P.org and Cyber. His funds transferred 12,458 stETH and 2,566 stETH. $ETHor approximately $29 million will be paid to Wintermute. This is usually a sign that a market sale or liquidity operation is about to begin.
At the same time, Romashuk reportedly went long $ETH I tried to grab the bottom of the market four days ago, but it was completely liquidated six hours ago, and I lost more than $4 million as the price continued to fall. This effort shows how even experienced market participants miscalculated downside risk.
$ETH Forced by Binance
Additionally, 203,000 were forwarded by Trend Research $ETH Binance as a whole is valued at $457 million. The company currently owns over 463,000 assets. $ETHits total losses are estimated at more than $855 million. Additionally, Vitalik Buterin is reported to be selling Ethereum, putting further psychological pressure on the market.
Ethereum appears to be experiencing a planned outflow as leveraged positions, funds, and whales are all unwound at the same time. The next few weeks will be critical for the long-term trajectory of the asset
