• Over 77K ETH hit derivative exchanges, signaling potential bearish pressure — or a market bottom.
• Ethereum bounces to $1,600, but weak momentum and macro headwinds keep traders cautious.

Something big just moved.

Over 77,000 Ethereum [ETH] flowed into derivative exchanges in a single day. This is Ethereum’s largest shift of the year, and everyone’s watching.

Signals like this have spelled trouble before… but this time, the story might be different.

Samyukhtha L KM is a journalist with a keen eye on the ever-changing digital asset landscape - and a soft spot for memecoins. With a Bachelors in Commerce and a Masters in Journalism and Mass Communication, she’s always curious about whether the next big thing in blockchain is hype or history in the making. When she’s not tracking the latest market moves, she’s reflecting on what blockchain adoption really means in a world still largely rooted in traditional finance.