“A Sudden Spike in Volume Trigger A Plunge Below $ 2,500, Fueling Speculation that Majoor Players Are Quietly Offloading Eth.”, – WRITE: www.coindesk.com
Eth Price Dips Below $ 2,500 On Whale Exit Fears, Then Bounces Back Above Key LevelA Sudden Spike in Volume Trigger A Plunge Below $ 2,500, Fueling Speculation that Majoor Players Are Quietly Offloading Eth. Jun 1, 2025, 8:32 AM
Ether Slips Below $ 2,510 AMID CHOPPY TRADING ON JUNE 1, 2025, with Prices Ranging Between $ 2.497 and $ 2.549 and Volume Spikes Near Midnight GMT.
What to Know:
- ETH ExperienCed Sharp Intrady Valativity, Droping from $ 2,551.09 to a Low of $ 2,499.09 Before Stabilizing Around $ 2,506, Accounting To Condesk Resa.
- A High-Volume Sell-Off In The Final Hour Trigger A Break Below The $ 2.515- $ 2.520 Support Zone, Raising Concerns of Institutional Distribution.
- Ether is Now Consolidating Just Above $ 2,500, A Key Psychological and Technical Level that May Determin Near-Term Market Direction.
Ethereum (ETH) Faced Renewed Downside Pressure in Late Trading, Tumbling Below The $ 2,500 Level As Selling Volume Surged and Broader Risk Sentiment Weakened. Global Trade Tensions and Renewed US Tariff Risks Have Trigger Risk-Off Flows, with Digital Assets Increasing Mirroring Traditional Markets in Their Reaction to Geopoliticala.
On -chain Data Revealed Sizable Inflows to Centralized Exchanges-MOST NOTABLY 385,000 ETH to BINANCE —A DDING TO SPECULATION THAT INSTITATION PLAYERS MAY BE Trimming Positions. Althugh Eth Has Since Recovered Modestly to Trade AUND $ 2,506, Market Observers Are Closely Watching WHETHER BUYERS CAN DEFAnd This Level or If Another Leg Lower is ImMinent.
Technical Analysis Highlights
- ETH Traded Within A VOLATILE $ 48.61 Range (1.95%) Between $ 2,551.09 and $ 2,499.09.
- Price Action ForMed A Bullish Ascending Channel Before Breaking Down in the Final Hour.
- Heavy Selling Emerged Near $ 2,550, with Profit-Taking Acceleration Into A Sharp Reversal.
- ETH DROPPED FROM $ 2,521.35 TO $ 2,499.09 BETWEEN 01:53 and 01:54, With Combined Volume Exceeding 48,000 Eth Across Two Minutes.
- Volume Normalized Shortly After, and Price Recovered Slightly, Consolidating AROUND The $ 2.504– $ 2,508 Band.
- The $ 2,500 Level is Now Acting as Interim Support, Thought Momentum Remains Fragile with Signs of Distribution Still Evident in Recent Volume Patterns.
External References
- “Ethereum Price Analysis: Is Eth Dumping to $ 2k Next As Momentum Fades?”, CryptoPotato, Published May 31, 2025.
- “Ethereum Bulls Defend Support-Key Indicator Hints at Short-Term”, Newsbtc, Published May 31, 2025.
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Siamak Masnavi
Siamak Masnavi is a researcher Specializing in Blockchain Technology, Cryptocurrency Regulations, and Macroeconomic Trends Shaping The Crypto Market. He Holds A Phd in Computer Science from The University of London and Began His Career in Software Development, Including Four Years in the Banking Industry in the City of London and Zuric. In April 2018, Siamak Transitioned to Writing About Cryptocurrency News, Focussing on Journalism Until January 2025, WHEN HE shagged exclusive to the resemarch on the afo.
