Analysis: Concerns over whale escape triggered market fluctuations, ETH briefly dipped and is now oscillating in the $2500 range

ChainCatcher message, the ETH price dropped to $2500 in a short period but then rebounded. The trading volume significantly increased around midnight, especially in the last hour, with over 48,000 ETH traded in two minutes, causing the price to fall below the support range of $2515-2520.

On-chain data shows that approximately 385,000 ETH flowed into centralized exchanges like Binance, raising market speculation about potential sell-offs by institutional investors. Currently, the ETH price is oscillating in the $2500 range, which is seen as a key psychological and technical support level. Additionally, the global trade tensions and the risk of U.S. tariffs have intensified the market's risk-averse sentiment, causing the digital asset market to begin fluctuating in sync with traditional markets.