Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Recently, a clear sign of institutional funds offloading has been observed.
On the afternoon of January 18th, Beijing time, a large Ethereum position was sold on a major exchange—485 ETH, with a transaction value of up to $1.6 million, at a price of around $3,346. This transaction was completed within a mid-term cycle, with the strength indicator showing level 1.
Around the same time, Bitcoin also faced similar selling pressure. Around 6 PM, a compliant platform recorded a large sell of 64 BTC, totaling approximately $6.1 million, with the BTC price hovering around $95,521.71. This was also a level 1 strength transaction within a mid-term cycle.
These two consecutive institutional-level sell-offs occurred within less than two hours. In terms of scale and pace, they indeed reflect that large funds have a clear intention to reduce their positions at this price level. It is worth paying attention to the subsequent market reactions.