On March 2, 2026, from 14:30 to 14:45 (UTC), ETH prices surged rapidly within 15 minutes, achieving a return of +2.00%. The price fluctuated between 1925.88 and 1967.3 USDT, with an amplitude of 2.15%. Market attention significantly increased, with capital flow and trading volume expanding in tandem. Short-term volatility intensified, prompting investors to closely monitor.
The main driver of this movement was the continuous net inflow of ETF funds, which increased institutional participation and rapidly boosted spot buying. The accelerated inflow through ETF channels shows a high correlation with historical data. Coupled with a 15-minute structural breakout (BOS signal), large funds actively built positions, leading to a breakthrough of key support levels.
Additionally, the number of active on-chain addresses and transaction counts experienced a short-term sharp increase, indicating rapid on-chain capital movement and heightened short-term volatility. Simultaneously, multi-cycle order flow and increased interactions with popular DeFi protocol smart contracts further amplified ETH demand. Market sentiment remained bullish, with mainstream capital and ecosystem innovation resonating, driving ETH’s gains ahead of the overall crypto market. ETH’s market cap share rose to 10.3%, with 24-hour trading volume reaching $9.99 billion.
Short-term risks are significant; ETH’s high volatility could lead to rapid pullbacks. Investors should watch key support at 1925.88 and resistance at 1967.3 USDT for capital behavior. It is recommended to focus on ETF capital flows, large on-chain transfers, and changes in popular smart contract interactions, as well as macro market news. Please continue monitoring the latest market data to prevent sudden fluctuations and on-chain capital movements from impacting your positions.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Maji Big Brother Enters Again, Going Long on BTC, ETH, and HYPE
The crypto market has regained activity, with renowned trader DJ Machi (Huang Li-cheng) re-entering the market to go long, increasing his bullish positions in Ethereum and Bitcoin. Despite floating profits exceeding $1.4 million, he still needs $27.7 million to break even. Facing past losses, his continued investment has become a market focal point.
ChainNewsAbmedia3m ago
A certain hedge fund whale has built a position of 45 million USD betting on a weakening ETH/BTC exchange rate, with current floating gains of 200,000 USD.
On March 17th, Hyperinsight monitored a hedge whale establishing BTC long positions and ETH short positions with 20x leverage, each approximately $22 million, totaling $45 million. Currently, the BTC long position shows an unrealized loss of $230,000, the ETH short position shows an unrealized gain of $420,000, with an overall unrealized gain of $200,000. This whale frequently hedges commodity positions through crypto holdings and favors short-biased strategies.
GateNews3m ago
ETH drops below $2,300, with an intraday increase of 1.12%
Gate News reported that on March 17, ETH fell below $2300, with a daily gain of 1.12%.
GateNews24m ago
ETH drops below 2300 USDT
Gate News bot message: Gate market display shows ETH has broken below 2300 USDT, current price 2299.62 USDT.
CryptoRadar26m ago
