Ethereum Slumps Against Bitcoin as 260,000 ETH Whale Buy Ignites $4,400 Speculation
ETH/USDT
$39,049,302,904.94
$2,145.26 / $2,009.54
Change: $135.72 (6.75%)
-0.0018%
Shorts pay
According to Greeks.Live’s daily market brief, market participants are expressing *disappointment* with Ethereum‘s recent performance, with consensus that Ethereum has weakened relative to Bitcoin. Institutional and retail flows have shifted toward a more bullish allocation to Bitcoin, resulting in a market dynamic where Bitcoin is appreciating while many mainstream altcoins register broad-based declines.
The report also documents substantial whale buy orders totaling 260,000 ETH and concentrated long/short positioning around the $4,400 price level for Ethereum. Greeks.Live highlights that this concentration of order flow could translate into elevated order-book volatility, with traders and allocators monitoring liquidity and execution risk as part of tactical portfolio adjustments.
