Gate News bot message, Gate market display, ETH drops below 2050 USDT, current price 2041.8 USDT.
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After an address went inactive for 2 months, it deposited 2,000 ETH into a certain CEX, worth $4.03 million
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ETH 15-minute drop of 0.61%: Main capital accelerates outflows and on-chain activity declines in sync, suppressing the market
2026-03-31 09:45 to 2026-03-31 10:00 (UTC), the ETH price fluctuated between 2012.5 and 2030.74 USDT. The 15-minute K-line return rate was -0.61%, and the amplitude reached 0.90%. Among major coins, performance was relatively weak; short-term market attention increased, volatility slightly worsened, and selling pressure was clearly released.
The main driving force behind this unusual move is that large funds continued to flow out throughout the day; from 09:45 to 10:00, the outflow intensity further increased. According to on-chain and trading data, on March 3rd, the outflow of main funds persisted, indicating sustained selling pressure and a lack of buying support, which contributed to the continued downward trend in ETH prices.
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