ETH dropped 1.39% in 15 minutes: Major players reducing positions and leveraged long liquidations are the main drivers.
2026-03-29 22:30 to 22:45 (UTC), ETH’s return over 15 minutes recorded -1.39%. The price range fluctuated between 1963.72 and 1995.42 USDT, with an amplitude of 1.59%. Short-term market volatility intensified, with selling pressure concentrated and released, and on-chain as well as off-exchange fund flow trends drawing intense attention from investors.
The main driver behind this anomaly is concentrated deleveraging by on-chain whales and the forced liquidation of leveraged long positions. During the reporting period, the proportion of whale holdings with 1000+ ETH fell to 73%, the lowest level within the year; some large-position investors sold additional holdings or accelerated their liquidation.
ETH-1,74%
GateNews·13m ago