• bitcoinBitcoin (BTC) $ 86,950.00
  • ethereumEthereum (ETH) $ 1,621.33
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.11
  • bnbBNB (BNB) $ 601.06
  • solanaSolana (SOL) $ 138.10
  • usd-coinUSDC (USDC) $ 0.999972
  • dogecoinDogecoin (DOGE) $ 0.160808
  • cardanoCardano (ADA) $ 0.640180
  • tronTRON (TRX) $ 0.241626
  • staked-etherLido Staked Ether (STETH) $ 1,620.96
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 86,947.00
  • chainlinkChainlink (LINK) $ 13.38
  • avalanche-2Avalanche (AVAX) $ 20.46
  • leo-tokenLEO Token (LEO) $ 9.04
  • stellarStellar (XLM) $ 0.256437
  • the-open-networkToncoin (TON) $ 3.00
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • suiSui (SUI) $ 2.24
  • usdsUSDS (USDS) $ 0.999827
  • hedera-hashgraphHedera (HBAR) $ 0.169646
  • wrapped-stethWrapped stETH (WSTETH) $ 1,945.73
  • bitcoin-cashBitcoin Cash (BCH) $ 338.02
  • litecoinLitecoin (LTC) $ 79.89
  • hyperliquidHyperliquid (HYPE) $ 17.81
  • polkadotPolkadot (DOT) $ 3.89
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • bitget-tokenBitget Token (BGB) $ 4.43
  • ethena-usdeEthena USDe (USDE) $ 0.999227
  • wethWETH (WETH) $ 1,622.27
  • pi-networkPi Network (PI) $ 0.631402
  • whitebitWhiteBIT Coin (WBT) $ 28.15
  • moneroMonero (XMR) $ 216.33
  • wrapped-eethWrapped eETH (WEETH) $ 1,728.15
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 86,927.00
  • pepePepe (PEPE) $ 0.000008
  • uniswapUniswap (UNI) $ 5.41
  • aptosAptos (APT) $ 5.14
  • daiDai (DAI) $ 1.00
  • okbOKB (OKB) $ 50.91
  • gatechain-tokenGate (GT) $ 22.93
  • ondo-financeOndo (ONDO) $ 0.876114
  • nearNEAR Protocol (NEAR) $ 2.28
  • bittensorBittensor (TAO) $ 309.15
  • tokenize-xchangeTokenize Xchange (TKX) $ 32.57
  • susdssUSDS (SUSDS) $ 1.05
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • ethereum-classicEthereum Classic (ETC) $ 16.04
  • internet-computerInternet Computer (ICP) $ 4.98
  • crypto-com-chainCronos (CRO) $ 0.082991
  • render-tokenRender (RENDER) $ 4.41
  • mantleMantle (MNT) $ 0.661000
  • aaveAave (AAVE) $ 144.08
  • kaspaKaspa (KAS) $ 0.082252
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.17
  • vechainVeChain (VET) $ 0.024227
  • cosmosCosmos Hub (ATOM) $ 4.25
  • fasttokenFasttoken (FTN) $ 4.23
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 86,786.00
  • filecoinFilecoin (FIL) $ 2.68
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.198559
  • algorandAlgorand (ALGO) $ 0.198845
  • official-trumpOfficial Trump (TRUMP) $ 8.28
  • ethenaEthena (ENA) $ 0.295933
  • first-digital-usdFirst Digital USD (FDUSD) $ 1.00
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.621766
  • celestiaCelestia (TIA) $ 2.60
  • sonic-3Sonic (prev. FTM) (S) $ 0.482275
  • arbitrumArbitrum (ARB) $ 0.311245
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 3.90
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 86,784.00
  • kucoin-sharesKuCoin (KCS) $ 10.01
  • optimismOptimism (OP) $ 0.726116
  • binance-staked-solBinance Staked SOL (BNSOL) $ 144.61
  • makerMaker (MKR) $ 1,381.09
  • jupiter-exchange-solanaJupiter (JUP) $ 0.397721
  • xdce-crowd-saleXDC Network (XDC) $ 0.071427
  • blockstackStacks (STX) $ 0.706583
  • flare-networksFlare (FLR) $ 0.016363
  • worldcoin-wldWorldcoin (WLD) $ 0.792044
  • nexoNEXO (NEXO) $ 1.02
  • story-2Story (IP) $ 3.78
  • binance-peg-wethBinance-Peg WETH (WETH) $ 1,620.19
  • eosEOS (EOS) $ 0.647113
  • bonkBonk (BONK) $ 0.000012
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 1,689.99
  • usdt0USDT0 (USDT0) $ 0.999715
  • sei-networkSei (SEI) $ 0.180700
  • fartcoinFartcoin (FARTCOIN) $ 0.884105
  • immutable-xImmutable (IMX) $ 0.487198
  • injective-protocolInjective (INJ) $ 8.89
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999841
  • paypal-usdPayPal USD (PYUSD) $ 0.999618
  • tether-goldTether Gold (XAUT) $ 3,438.43
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • the-graphThe Graph (GRT) $ 0.085227
  • dexeDeXe (DEXE) $ 14.18
  • curve-dao-tokenCurve DAO (CRV) $ 0.611139
  • pax-goldPAX Gold (PAXG) $ 3,442.38
  • rocket-pool-ethRocket Pool ETH (RETH) $ 1,827.91
  • wbnbWrapped BNB (WBNB) $ 600.62
  • solv-protocol-solvbtc-bbnSolv Protocol xSolvBTC (XSOLVBTC) $ 85,986.00
  • galaGALA (GALA) $ 0.016262
  • jasmycoinJasmyCoin (JASMY) $ 0.014716
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 86,796.00
  • the-sandboxThe Sandbox (SAND) $ 0.279866
  • usual-usdUsual USD (USD0) $ 0.998032
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 152.30
  • coredaoorgCore (CORE) $ 0.671508
  • raydiumRaydium (RAY) $ 2.28
  • theta-tokenTheta Network (THETA) $ 0.661518
  • lido-daoLido DAO (LDO) $ 0.734502
  • msolMarinade Staked SOL (MSOL) $ 177.80
  • iotaIOTA (IOTA) $ 0.171242
  • mantle-staked-etherMantle Staked Ether (METH) $ 1,723.59
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.999228
  • kaiaKaia (KAIA) $ 0.107164
  • heliumHelium (HNT) $ 3.43
  • bittorrentBitTorrent (BTT) $ 0.00000061
  • flowFlow (FLOW) $ 0.376684
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.10
  • chain-2Onyxcoin (XCN) $ 0.017518
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.97
  • decentralandDecentraland (MANA) $ 0.309856
  • clbtcclBTC (CLBTC) $ 87,309.00
  • bitcoin-svBitcoin SV (BSV) $ 28.93
  • flokiFLOKI (FLOKI) $ 0.000059
  • movementMovement (MOVE) $ 0.231366
  • mantra-daoMANTRA (OM) $ 0.581566
  • walrus-2Walrus (WAL) $ 0.432208
  • jito-governance-tokenJito (JTO) $ 1.68
  • pyth-networkPyth Network (PYTH) $ 0.146153
  • tezosTezos (XTZ) $ 0.508830
  • pendlePendle (PENDLE) $ 3.27
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 1,699.00
  • zcashZcash (ZEC) $ 31.93
  • ethereum-name-serviceEthereum Name Service (ENS) $ 15.16
  • true-usdTrueUSD (TUSD) $ 0.998318
  • telcoinTelcoin (TEL) $ 0.005363
  • beldexBeldex (BDX) $ 0.067730
  • pumpbtcpumpBTC (PUMPBTC) $ 83,777.00
  • sonic-bridged-usdc-e-sonicSonic Bridged USDC.e (Sonic) (USDC.E) $ 0.999897
  • grassGrass (GRASS) $ 1.68
  • dydx-chaindYdX (DYDX) $ 0.602827
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999978
  • kavaKava (KAVA) $ 0.421399
  • ubtcuBTC (UBTC) $ 88,321.00
  • solayerSolayer (LAYER) $ 2.11
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 86,897.00
  • thorchainTHORChain (RUNE) $ 1.24
  • dogwifcoindogwifhat (WIF) $ 0.435280
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007458
  • spx6900SPX6900 (SPX) $ 0.449372
  • apenftAPENFT (NFT) $ 0.00000042
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.161069
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 1,700.24
  • ecasheCash (XEC) $ 0.000021
  • hashnote-usycHashnote USYC (USYC) $ 1.08
  • usdbUSDB (USDB) $ 0.998405
  • elrond-erd-2MultiversX (EGLD) $ 14.37
  • starknetStarknet (STRK) $ 0.138526
  • neoNEO (NEO) $ 5.67
  • tbtctBTC (TBTC) $ 86,841.00
  • ousgOUSG (OUSG) $ 110.75
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 1,619.75
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.584151
  • berachain-beraBerachain (BERA) $ 3.48
  • apecoinApeCoin (APE) $ 0.474210
  • axie-infinityAxie Infinity (AXS) $ 2.36
  • conflux-tokenConflux (CFX) $ 0.073273
  • arweaveArweave (AR) $ 5.69
  • wormholeWormhole (W) $ 0.081235
  • compound-governance-tokenCompound (COMP) $ 41.02
  • chilizChiliz (CHZ) $ 0.038321
  • olympusOlympus (OHM) $ 22.10
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 1,620.62
  • resolv-usrResolv USR (USR) $ 1.00
  • based-brettBrett (BRETT) $ 0.035865
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 1,621.54
  • super-oethSuper OETH (SUPEROETHB) $ 1,622.04
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 1,726.08
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.998094
  • usddUSDD (USDD) $ 1.00
  • plumePlume (PLUME) $ 0.173291
  • beam-2Beam (BEAM) $ 0.006593
  • matic-networkPolygon (MATIC) $ 0.198685
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000062
  • aerodrome-financeAerodrome Finance (AERO) $ 0.414875
  • saros-financeSaros (SAROS) $ 0.124738
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.781526
  • sun-tokenSun Token (SUN) $ 0.016837
  • binance-peg-busdBinance-Peg BUSD (BUSD) $ 1.00
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.005130
  • roninRonin (RON) $ 0.516947
  • fraxFrax (FRAX) $ 0.999897
  • aioz-networkAIOZ Network (AIOZ) $ 0.272173
  • amp-tokenAmp (AMP) $ 0.003637
  • justJUST (JST) $ 0.030874
  • wemix-tokenWEMIX (WEMIX) $ 0.710136
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 1,650.29

Ethereum price on the brisk as Hyperliquid trader makes $86m profit

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Ethereum price on the brisk as Hyperliquid trader makes $86m profit

Ethereum’s price has crashed more than 53% from its 2024 high, wiping out $255 billion in market value as its market cap fell from $482 billion to $227 billion.

Ethereum (ETH) has dropped as concerns about the network continued. On Monday, analysts at Standard Chartered lowered their ETH price target from $10,000 to $4,000, citing the structural decline of the network.

Many Ethereum investors have suffered losses during the ongoing crash. According to Santiment data, the percentage of total Ethereum supply in profit has dropped to 47.6% — its lowest level since October 2023. The network’s realized loss has also hit its lowest point in nearly two years.

Ethereum price on the brisk as Hyperliquid trader makes $86m profit

Ethereum supply in profit falling | Source: Santiment

Not everyone is losing money on Ethereum. CoinGlass data shows that one trader made $86 million shorting ETH on Hyperliquid. The trader placed a $143 million short trade on March 3 when Ethereum was trading at $3,000.

By applying 25x leverage, the trader has profited as ETH plunged to $1,878 on Tuesday. His funding fee was $3.13 million, and his margin was $5.76 million. His position will be liquidated if Ethereum rebounds to $3,194.

You might also like: 5 charts that explain the ongoing Ethereum price crash

Meanwhile, another trader lost $5.21 million by going long on Ethereum. This trader bought 18.6 ETH and applied 20x leverage. His trade will be liquidated if ETH drops to $1,725.

Ethereum price on the brisk as Hyperliquid trader makes $86m profit

ETH traders on Hyperliquid | Source: CoinGlass

Ethereum price technical analysis

Ethereum price on the brisk as Hyperliquid trader makes $86m profit

ETH price chart | Source: crypto.news

Technicals suggest that the Ethereum short-seller may remain profitable, as indicators point to further downside.The daily chart shows that Ethereum remains below the key support at $2,135 — the neckline of a triple-top pattern at $4,000.

Ethereum price has formed a death cross pattern as the 50-day and 20-day moving averages flipped each other in February.

The coin is now forming a bearish pennant pattern, consisting of a long vertical line and a symmetrical triangle. The triangle is nearing its confluence point, suggesting that a bearish breakout could push Ethereum down to the psychological level of $1,500 — about 20% below its current price.

You might also like: Red alert: Ethereum price forms another risky pattern

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