From 02:30 to 02:45 (UTC) on April 28, 2026, the ETH price return was -0.50%, with a price range of 2281.58 to 2294.89 USDT and an amplitude of 0.58%. This period took place during early UTC morning. Liquidity was relatively stable, but large on-chain fund movements and concentrated liquidations appeared, causing a rapid short-term drop and significantly increasing market attention. The main driving force behind this disruption was that whales and institutions transferred large amounts of ETH to exchanges, creating potential selling pressure; meanwhile, high-leverage long positions concentrated in liquidations directly released sell orders. Data shows that Galax

From 02:30 to 02:45 (UTC) on April 28, 2026, the ETH price return was -0.50%, with a price range of 2281.58 to 2294.89 USDT and an amplitude of 0.58%. This period took place during early UTC morning. Liquidity was relatively stable, but large on-chain fund movements and concentrated liquidations appeared, causing a rapid short-term drop and significantly increasing market attention. The main driving force behind this disruption was that whales and institutions transferred large amounts of ETH to exchanges, creating potential selling pressure; meanwhile, high-leverage long positions concentrated in liquidations directly released sell orders. Data shows that Galax