ChainCatcher message: CryptoOnchain posted on social media that when the price of Ethereum dropped to the $2,000 range, Token Transfers (14-day moving average) surged sharply to 2.75 million, the highest level since August 2025. This spike indicates panic selling and a major purge of weak hands. Historically, such extreme activity often signals the exhaustion of selling pressure and may form a local bottom.
It is reported that Token Transfers (14-day moving average) is an on-chain data indicator used to observe the trend and strength of token transfer activity on the Ethereum (or related blockchain) network. It typically refers to the simple moving average of all ERC-20 and other standard token transfer transactions on the network over the past 14 days.
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
Aave V4 Debuts on Ethereum, Targets Real-World Lending
Aave V4 revolutionizes lending by introducing separate markets with shared liquidity for greater flexibility, expanding use cases beyond crypto, and enhancing capital efficiency. The upgrade supports institutional borrowing and real-world asset integration, with features rolling out based on governance input.
CryptoFrontNews9m ago
In the past 24 hours, liquidations across the entire network totaled $299 million, with short liquidations accounting for over 65%.
According to CoinGlass data, on April 1 the cryptocurrency market saw total liquidations of $299 million over the past 24 hours, affecting 112,410 people. Long and short positions were liquidated at $104 million and $195 million, respectively. BTC and ETH liquidation amounts were $91.6349 million and $68.5673 million, respectively. The largest single liquidation was $17.1773 million.
GateNews13m ago
ETH Hits 0.80 MVRV Band: Bull Rally Coming?
_Glassnode data shows Ethereum testing the 0.80 MVRV band, a level that has historically preceded major bull rallies after ETH breaks its realized price._
Ethereum is flashing a signal the market has not seen casually. On-chain data from Glassnode places ETH near the 0.80 MVRV band, a threshold tha
LiveBTCNews38m ago
Bitmine received 45,000 ETH from BitGo, worth approximately $95.3 million
Gate News message: On April 1, according to on-chain analyst Yu Jin’s monitoring, a Bitmine-controlled address received 45,000 ETH today from the digital asset custody institution BitGo, worth approximately $95.3 million. Of this batch of ETH, 25,000 ETH had previously been deposited into BitGo after being introduced by a centralized exchange; then it was combined with the remaining assets to complete this transfer.
GateNews43m ago