Greeks.Live: Ethereum Shows Significant Relative Weakness to Bitcoin, Market Exhibits Divergence Pattern
By: theblockbeats.news|2025/09/02 13:12:26
BlockBeats News, September 2nd, Greeks.Live released its daily market brief, indicating that the market overall is disappointed with Ethereum's performance, believing that Ethereum has significantly weakened compared to Bitcoin. Traders have shifted to a generally bullish stance on allocating to Bitcoin, leading to a market situation where Bitcoin rises alone while mainstream coins experience a widespread decline. The market has observed whale buy orders of 260,000 ETH, with intense long and short speculation around the $4,400 price level.
A Whale Wallet Linked to Fraudulent Initial Coin Offering (ICO) Projects Has Dumped Approximately 50.22 Million Tokens, Profiting Around $8.78 Million
Artificial Intelligence Blockchain Startup Kite Completes $18 Million Series A Funding Round, Lead by PayPal and General Catalyst
You may also like
Share
Gainers
Latest Crypto News
08:15
A trader closed a $18.8 million USD ETH short position at a profit of $909,000 USD
07:45
A whale bought 65.65 WBTC the day before liquidation and suffered a loss of $316,000.
07:15
Ripple Labs Granted Expansion of Payment Business Operations in Singapore
06:45
Arthur Hayes: If Tether holds illiquid assets, any mishap could trigger questions about overcollateralization
06:45
The current mainstream CEX and DEX funding rate indicates a weakening bearish market sentiment.
Read more
Community
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]