2026-04-08 14:47:47
ETH drops 0.85% in 15 minutes: ETF inflows weaken and large holders cut positions, triggering spot selling pressure
2026-04-08 14:30 to 14:45 (UTC), the ETH spot market saw a rapid pullback, with the return rate recording -0.85%. The candlestick price range fluctuated between 2202.51 and 2227.59 USDT, with a swing amplitude of 1.13%. During this period, trading volume rose by about 10% versus the previous hour on a quarter-hour basis, short-term market volatility intensified, and mainstream investor attention noticeably increased.
The main driving force behind this unusual move is that the ETF capital inflow momentum, which was strong on April 6, significantly weakened on April 8; institutions and some of the capital that had flowed in earlier chose to realize profits in the spot market, bringing concentrated selling.