ETH

daily-trader-365

Nooo, did that once . My most costly crypto mistake. ETH might outperform BTC in a bull run but it falls back to hard

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Post is by: Civil-Mine-4168 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1vwfbcj/the_btc_breakout_was_a_treasury_liquidity_event/ Quick reconstruction of the week, because the sequencing matters more than the price action: Aug 18 — SEC proposes "Regulation Crypto Assets," easing disclosure requirements for certain offerings. Aug 19 — Treasury announces long-dated bond buybacks at least double in size, $2B to $4B+ per operation. Yields drop. Aug 20 — BTC breaks the six-week range, tops $71K. Roughly $3B of shorts liquidated in 24h, largest since 2021. Spot BTC ETFs take $606M. Aug 21-22 — BTC settles around $77.3K, +22.7% on the week. ETH \~$2,360. XRP +39%. Fear and Greed 72. Two of the three catalysts are policy, and policy can be withdrawn. The buyback expansion is the load-bearing one — it's a real change in dollar liquidity, and it's why this looked more like a macro risk-asset repricing than a crypto narrative pump. The part I think is being misread: everyone is calling a top off the Greed reading. But perp funding is only running about +4.7% annualised on the month, and the trailing week cooled to +3.8% — roughly half the long-run +8.4% average. After a +22% week you'd expect funding to be screaming. It isn't. That implies this leg was driven by spot and ETF flow rather than leveraged longs piling in. Which is a genuinely different risk profile than a squeeze top: fewer forced sellers stacked up on the way down, but also much less short fuel left on the way up. The 24h liquidation tape has already flipped two-sided (\~$858M longs vs \~$816M shorts), so the easy direction is gone. What I'm watching rather than predicting: \- Whether ETF inflows keep printing $200M+ days now the squeeze fuel is spent \- Whether funding actually normalises upward, which is when the crowded-long argument becomes real \- Dominance. Alt gains so far look like beta off a BTC breakout, not rotation — the tell would be dominance breaking down while BTC goes sideways. Curious what the bear case is beyond "it went up too fast." Anyone still short, what's the thesis? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

userxtrustno1

Diversification is key. BTC and ETH. Win win.

12buklmashu

You’d be better off finding some money to invest in ETH separately. Bitcoin is way more useful than Ethereum.

Digitaleur

Swapped my BTC for ETH on several occasions @ about 0.025, no regrets at all. And  I think 0.03 is a good entry point, but of course there are no guarantees either way.

knowledgelover94

Why is there a giant bond market bigger than the stock market? Why do people speculate in real estate? Or gold? It’s not to 10x their money, it’s to store their value without losing it to inflation. That’s what Bitcoin’s created to do. Someday it could eat into all those assets, thus becoming the most valuable asset ever. Eth does something sure, but it’s nothing compared to say gold or the global bond market. Also, what ETH does other chains do better (like Solana).

Optimal_Priority7835

Nonononono. First, you always should keep most of your portfolio in BTC. Second, ETH is not a shitcoin, yes? But if you actually would look at the graph, It´s not clear that it wins any relevance against BTC, in fact, the opposite seems to be true. Also you have to consider the intrinsic risks, you´re depending on the Ethereum fundation and the big big stakers. I mean, all of they want the price to go up, and if you move around DeFi you may find ETH a lot more comfortable, but if it is not the case, is an unncesary move like... what are you trying to achieve doing so exactly?

CMDR_BitMedler

What is this "relevance" that is a "store of value" you speak of...? If you mean cultural relevance, sure. But a store of value is just that. ETH _does something_ ... other than generate headlines and create frothy late stage capitalist vibes.

knowledgelover94

Bitcoin has wayyyy more relevance than ETH. Solana and others are in competition with ETH (and frankly perform way better in both user participation and price action). No other crypto competes with bitcoin. It’s THE public scarce decentralized store of value. No second best.

Suspicious-Can-7079

I mean ones a more mature asset and been around longer, I'd argue the fact everybody is so sure btc is the better long term move is a bit short sided. I own both, I DCA to both, I'd be about equally confident buying both currently at these prices I look at them like large/small cap ETFs. People can downvote me but I'll buy ETH all day below or around 2k and I'll continue slowly DCAing into BTC.

Romanizer

ETH is not a good store of value, the utility does not lead to increased price of the underlying asset. If you want to make money from Ethereum, build a business on top of it. If you want to build wealth by acquiring an appreciating asset, that's what Bitcoin is for.

Odd-Fun-1482

Very weird, wanting to sell BTC and park it in ETH lol Usually it's the other way around

SpontaneousDream

>Ethereum network isn't going anywhere. So? I agree with you that the *network* isn't going anywhere. That doesn't mean shit for ETH price though because ETH doesn't capture value from network usage. Ethereum can 10x or 100x in network value/transactions in a few years and ETH could still be the same price or lower.

gtzpower

I was all in on ETH and a few years ago I moved 30% to BTC. It is now worth more than my ETH. I’d diversify at best if trading any BTC for ETH.

micho510900

You cannot borrow conviction. Make your own research, convince yourself that the move you are doing is right. I will make you endure downturns and you won't be asking yourself why you even bought in the first place. I did that for both BTC and ETH, and I held since 2017. Don't listen to people online. I sold my 100 000 LINK for like 10K $ long time ago cause someone on this sub said that they saw the founder on Bahamas and was told the project won't be continued which was obviously a lie. I lacked conviction, don't make the same mistake.

flappysack-

I split it up about 10 years ago between ETH and Bitcoin, it was a horrible mistake.

RevolutionMuch1159

Keep your BTC ,never swap for ETH !!!

colemanameloc

Personally my ETH position outweighs my BTC and I am very much considering making the opposite move right now. On the 3 year long term (my personal horizon where I plan to use some crypto to fund some personal expenses) I think BTC will out perform ETH. All speculation ofc and do plan on keeping eggs in both baskets.

Efficient_Range1156

In 2022 I was able to swap 4 ETH for 0.25 BTC. Probably the best trade I ever made.

SenseiRaheem

There has yet to be a single event in the last 3 years where ETH ended up being the better long term move than BTC

HoldCtrlW

Easy short on ETH here target $2150

Elendron

Not only is 2500 a nice round and psychological number, ETH's 200 week also rests right below it, not that the 200 week is as useful for ETH as it is for BTC. 2500 could be a formidable opponent. Light the beacons.

holyshitbraah

I've been in crypto since 2018, first 3 years were non stop checking and trading. During those years the only thing to trade was BTC and ETH really. I had loads of both. When alt coins started appearing, I traded most of my ETH to SMITHEREEENS same for 2 full bitcoins. MEME coins made it worse. By the time NFTs came out I was done trading and went full DCA no looking at charts. So. From experience. You'll stop looking once you feel some pain lol unless you are a master at it.

DankShibe

BTC and doge only . Maybe ETH as well . Everything else is noise

AlternativeWonder471

I use coinbase for that. Don't know if its the best way, but it's the cheapest I found. About 1% to get my crypto off exchange and dollars in my bank. Just make sure you use USDC and ETH network or you'll lose funds!

AncientConfection347

Whatever I can invest at the end of the month I do 50% VWCE , 25% BTC , 25% ETH

Brayanscott

Solo BTC, es sencillo es prácticamente todo el ecosistema cripto lo demás es ETH y stablecoins, puedes mantener tu inversión vigilada y sin tantos dolores de cabeza ya todos sabemos que Bitcoin es volátil pero las alts lo son mucho más y por no decir siempre su desempeño es casi siempre decepcionante

Temporary-Cause730

I had 3 "phases" in my crypto investing, in each of the 3 cycles since 2017: \- When I started I only had BTC, and kept it this way for some years. Just stacking, never sold. \- Next cycle I remained heavily in BTC, but sold a small part and bought ETH, and then later SOL. But seeing the shitcoins and NFTs going crazy made me greedy, so I bought and tried to trade this stuff, focusing on "utility" and "art". Roundtripped almost everything, some shitcoins I held for years hoping that they would return to previous. \- Last cycle I started with BTC, ETH, SOL, sold all the rest. Made good money on these 3 coins, but again greed took over when I saw the memes blowing up, people getting stupidly rich on twitter, etc. Tried to trade memecoins, made money on some, took big losses on others, overall it was bad. It was also a pain keeping track of all the coins, all the transactions, it was hell. The only thing that saved me from losing a lot of money was that I kept BTC as the biggest part of my portfolio, and gambling with 10-25% of what I had. Looking back, it would be better simply holding BTC, with a small bag of ETH and SOL. So for this cycle I want to have some "rules" in place so things don't get out of control again: \- BTC will be the majority of the portfolio, right now it is at 50%, I want to keep it at least at this level. And I have an amount that I don't plan on selling ever. \- HYPE, ZEC, ETH, SOL are around 40%, and I plan on taking profits on small amounts as we climb. \- 10% to gamble on new stuff, alts that have potential, memecoins, NFTs, etc. 4-5 coins at the same time is the limit, avoiding rotating to the new hot stuff of the week. Will take profits aggresively to cash, so I don't end up using the profits to buy more shit.

offgridgecko

Coins on trading markets aren't tied to USD. They are tied to each other. On DeFi markets in particular, coins are traded based on the value of other coins. Thus there are swap pairs for BTC/ETH or BTC/BNB or ETH/BNB. If one goes down, they are still trading at the going swap rates, more or less, in the instant. Arbitrage bots make some quick swaps and then dump the coins for USD or funnel in some USD to buy up more undervalued coins. It happens very fast. The result is relative stability across the market, while the bot owners rake in the dividends, no matter if the price is going up or down.

Flashy-Potatoe-Queen

ETH has been in a consolidating phase since January 2021... If SOL is a memecoin, ETH is a shitcoin. 

Bluebird-9641

BTC and ETH are the only coins with room to grow. All other are shitcoins.

ArtichokeOwn6685

Look at last cycle and see alts are trash including ETH. To think you will pick one of the 100k coins that beat BTC, good luck

MrSnugs

BTC, ETH, SOL. That’s my trifecta imho

Suitable_Acadia_190

A Weekly CHoCH is exactly intention we'd like to see closing above the POC after reacting with strength from the deviation and support below. NFA but Ive been for months, but as ETHBTC is leading the way my stacking has been almost all ETH, and when its time Ill rotate again, etc.

Timely-Fig2030

The whole crypto market is connected by automatic trading systems and basically all altcoins are connected through Altcoin/BTC and Altcoin/ETH pair. That's why everything rises or crashes at the same time.

Vimes76

Literally none of them, with the possible exception of ETH by virtue of being the biggest and for staking which BTC can't do.

h4l

Relative valuation plays a large part in pricing crypto assets: https://en.wikipedia.org/wiki/Relative\_valuation. In the short term, if no new information is available, any coin is likely to maintain roughly the same relative value to another. E.g. if ETH is 20% the market cap of BTC and BTC goes up 5%, then probably ETH should go up 5% too. Algorithmic traders will arbitrage coins based on their own proprietary models of expected correlation — e.g. if an arb bot thinks one is under-valued and should return to its model of expected value, it'll buy the cheaper one and short the expensive one to capture the spread. Most coins have zero fundamentals, so you can't really value them based on something like a discounted cash flow model, that analysts might for companies. Relative valuation is used for stocks and other assets too though.

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Post is by: Finesse_Beats and the url/text [ ](https://goo.gl/GP6ppk)is: /r/pumpfun/comments/1vjxoor/the_retirement_fundupdate/ 6MQDWnjwbF7jk3UmqrwCwMwYskFMWYp9rkEZ3GiTpump When You Think Of Your Conventional 401K/403b etc. you think of a ETH/Group of stocks Invested in monthly for your Future. I the dev of this coin wanted to make something similar to the 401k but in the form of Crypto. With the hopes of support from the community we can all retire together. Unlike 90% of the coins on this website there are no shady ties behind this coin and it’s the first of its Kind. I will be pledging 250 dollars biweekly into the coin every month with no plans of selling, I actually air dropped 70% of the initial coin to influencers and those on the top 100 PNL in hopes to get more backing and support. This coin is made for reinvestments and holding. In the next 2 weeks I plan for a surprise on top of the of the air drop that will boost the coin significantly hopefully to a bonding curve. if you do invest all I ask is to try to keep your distribution in the 1.5% percent range! I don’t even care about the money I genuinely like the idea of this coin and will continue to air drop funds to even distribution of sellers to keep this coin fair and safe to invest in. Hello as some of you may know during the height of our momentum this morning I called out a bundler I saw in the view bubble tab which completely halted our growth. They have finally left So I’m asking All Trenchers to come together and Help me send this shit to space! *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

kingo86

I noticed that - the PLS/X ecosystem up too - usually BTC/ETH leads, but weird to see an alt front-running for once.

Temporary-Cause730

SOL, ETH, HYPE, PUMP real products, real usage, fees accumulating, and HYPE/PUMP use it to buy back the token

Serenaded

ETH is flipping BTC

TheGreatCryptopo

At this current time you can insert any crypto. BTC, ETH, LTC, DOGE, ~~Moons.~~

HoldCtrlW

Eth short on ETH target $2350

TheGreatCryptopo

50/50 BTC/ETH. Go away for five years. Come back and give thanks.

blaziken8x

Don't fall for sunk cost fallacy, I would not put in more money. I held siacoin since like 2021, and I even kept putting more in over the years (luckily I was also buying BTC and ETH), I finally decided to dump it at the end of 2024 when it didn't have any significant price movement while my other crypto did.

Potatotornado20

Put half your bag into BTC today. Then put rest of it on 11/20/26. Sell everything on 8/16/28 and rotate it all into a 2x long BTC ETF. Sell everything on 8/16/29. Or for maximum degeneracy, follow above steps but replace BTC with 40% ETH, 40% SOL, 20% DOGE. Do not rotate into any 2x ETFs, just hodl until selling everything on 8/16/29.

Fomo_Family

"risk being left behind" is the bit I'd sort out first. That feeling is usually what ends up sizing the position, and then you're holding something you can't sit through. Also MSTR/BMNR aren't really a sibling to BTC/ETH. They're equity wrappers, so you're getting crypto exposure plus premium to NAV plus dilution plus whatever stocks do that day. When the premium compresses they fall harder than the coin does. Fine if you want that leverage on purpose, just know it's a different bet. Entry timing, nobody in here knows. And I'm not giving you numbers, those are yours.

jekpopulous2

The narrative two cycles ago was alt L1s and they went up like 1000%. Then crashed. The narrative last cycle was DeFi and those tokens went up like 1000%. Then crashed. The narrative this cycle is ETH and RWAs. I’m already up 45% on ENA today because I understand that if Bitcoin continues to push upward RWA tokens will climb like 1000%. Then crash. We have an alt season every single cycle you’re just not following the trends.

Gen8Master

Bitcoin and Eth are the only ones that really matter. ETH moved up too

CashMoneyShades

I stopped trying to time crypto a long time ago. It's completely disconnected form reality and is far more similar to the ebbs and flows of the traditional markets it once promised to shield us from. I still see it as a viable piece of my investment portfolio, though I've trimmed it back to \~20% overall, and have dumped everything except BTC and ETH. For now I'm DCAing bi weekly, which for much of this year was like burning cash.

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Post is by: Odd_Crow4795 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/defi/comments/1vridyd/next_big_thing_for_nfts_nft_trading_with_daos/ Welcome people, today (well last night) marks the official birthday of Obsurfer a NFT marketplace for trading NFTs as part of a DAO. To be a part of the beta comment your interest below! You can find the project at GitHub mouse-trap-1/obsurfer \\\*\\\*But why a DAO?\\\*\\\* Being part of a collective enables you to share the risk in purchasing new NFTs, splitting the cost with fellow members. Together, you make decisions that affect each trade. No one person is responsible for the success of a trade and it takes the majority to win a proposal. \\\*\\\*How do trades happen?\\\*\\\* A token holder may sell an nft on the platform by submitting the details in the app. DAOs then execute proposals that turn into bids. DAOs bid against each other to get you the highest price for the NFT. Buying an NFT is simple. Select a DAO from the list and browse their wares, select on an NFT to buy. \\\*\\\*Minimized Risk, minimized gain?\\\*\\\* Shared risk, shared gain. The profit distribution is calculated based on how many shares you own. You choose how much to invest and in turn receive as profit. \\\*\\\*There must be more to it?\\\*\\\* Your stake in a DAO holds value. You can sell your shares for a price set by you, handy for when the DAO is full and business is booming to make a bit of quick crypto. \\\*\\\*The legal stuff\\\*\\\* Trading carries risk and while the risk is lessened here it still requires you to invest money into something that may or may not give you returns. Trade at your own risk. \\\*\\\*The technical stuff\\\*\\\* This app is a typescript port of a golang desktop app that used key stores for the wallet. For the Beta, private keys are stored in a database that is encrypted client side by a password of your choice. New wallets are automatically created and it’s recommended that you use an auto generated hot wallet instead of importing a private key from an existing wallet. The beta runs on Sepolia so use a Faucet to get sepolia ETH to start trading on the platform. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Shotgun-Eddie

Put in only what you can afford to lose. Stick to the big guns, BTC, ETH, SOL, BNB etc… Use reputable exchange, crypto.com, binance, coinbase Keep most of your investing in stocks and don’t weight it more crypto. If you want a tasty gamble on some shit coin for x100 return - do it with fun money you can spare and expect to lose this. Sometimes it pays off - DOGE and PEPE for me but Ive also lost with bad timing and rug pulls such as Safemoon etc - but it was fun nonetheless.

Mountain-Data-5758

A good rate for WETH -> ETH is 1 to 1. There is no reason for fees on a wrapper token. No liquidity is being swapped. Many apps offer this, I use defisaver.

Mountain-Data-5758

A lot of dapps show WETH as ETH. It's not that uncommon to end up with WETH

quintavious_danilo

Don‘t trade crypto when you don’t even know what coin you’ll be getting, bro. How is it possible that you ended up with WETH instead of native ETH? Simply use an exchange of your choice and swap it back using limit orders. I recommend Kraken Pro, but any reputable exchange will do.

Mr_Footies

It uses ETH as gas. It doesn’t need a coin it’ll make billions on fees.

Fast_Wind5198

[https://www.investopedia.com/articles/active-trading/053115/average-rate-return-day-traders.asp](https://www.investopedia.com/articles/active-trading/053115/average-rate-return-day-traders.asp) Almost every daytrader loses money. Over a long time horizon most of the profitable ones for a short amount of time eventually become unprofitable and lose money. If you're interested in crypto I'd just research the basics of wallets, BTC, ETH etc and start by investing a small percentage of your spare money into the big 2.

Cryptonomicks

You don’t need to swap WETH for ETH. If it’s regular WETH on Ethereum, you can just unwrap it 1:1. You’ll only pay the gas fee, instead of taking the hit from a swap.

oneawesomewave

Are you sure you just wait for the dip? Everyone says so when numbers go up and once numbers go down the same people say they will wait for the bottom. This hasn't changed and will probably go on forever. Meanwhile what happened was foreseeable but not in the crystal ball way some people claim: you need to look at the growth of bets (longs and shorts) that are constantly made: these grow in particular when crypto goes sideways since some people are total doomers and other people become more and more sure that this has been the bottom. Then you just need a very small match that turns downside or upside to cause a cascade of sell-offs. What probably happened was that a minor incident in the US caused people to bet on rising numbers which then lead to increasing prices of shorts (bets on lower prices). People thus had to buy crypto because they were margin called. Lot of these are done automatically so many people lost fortunes in the blink of an eye. What you can learn from these events: don't gamble and don't buy the hype. The prices will correct at some point since there are a lot of longs that can be wiped out the same way leading to the exact same movement downwards and unless you don't understand what's going on it will feel horrible. Also: Many say you should simply buy when everyone else is in fear but in crypto there are many dead horses aside from BTC and ETH where people bought following this "guideline" and eventually everything.

Present_Let2487

Honestly, I’d start with the basics and avoid day trading at first. Learn how BTC/ETH, wallets, exchanges, fees, and market cycles work, then paper trade for a while. The goal at the start should be learning, not making money.

UlysApp

Basically, tokenized stocks put assets like Apple, Nvidia or Tesla onto blockchain rails. That means instead of stocks only living inside a brokerage and trading during market hours, they can potentially be held in a crypto wallet, traded 24/7, swapped directly into BTC/ETH/stablecoins, or even used as collateral in DeFi. The bigger idea is that crypto stops being a separate little financial world. If stocks, treasuries and other real-world assets start moving onchain, you’re bringing a massive amount of new money and liquidity into the same ecosystem crypto already uses. It just makes a lot of sense and the RWA/tokenized stock volume on robinhood chain, hyperliquid, etc..is already booming with little users compared to traditional markets. There's even people launching memecoins and pairing them with stocks so the token is memecoin/NVDA instead of memecoin/ETH for example. And you earn NVDA for holding the coin. It's pretty incredible.

Impossible_Guide_12

1. Don’t go to “buy someone’s class” it’s a bad idea and they usually trade. 2. I like crypto personally but you can’t just buy whatever. Obviously bit coin is good the goat in fact but it’s expensive. 3. Crypto is very volatile one year it’s up 1000 percent next year down 80. I’d recommend learning what they crypto cycle is how it plays off the but coin halving and no buying anything that’s gonna tell you you’ll get rich in a month. Look at BTC ETH SOL etc cryptos that have in turn stocks (etfs) in my opinion will be the “safest”

Due_Contact_8271

If you’re not still buying ETH today and holding till you retire you should stop investing because you’re bad at it

entropydust

Yeah for ETH projects it's my favorite. Also impressed with NuFi.

ModernCYPH3R

**Disclaimer and Educational Notice:** The following analysis is provided strictly for educational, informational, and forensic research purposes. It does not constitute formal legal advice, representation, or counsel. Digital asset transactions and blockchain-related regulatory frameworks are highly complex, rapidly evolving, and subject to varying jurisdictional interpretations. Do not act on any information provided here without first consulting a licensed, qualified attorney in your appropriate jurisdiction. I don't know what jurisdiction or country your friend is in, but the following analysis is based strictly on United States federal law. I'm not an attorney, so they should seek their own professional legal counsel immediately. I do, however, perform professional crypto forensic investigations, and that's where my familiarity with these specific codified statutes and compliance frameworks comes from. It's a classic panic scenario, but your friend has likely walked straight into a massive codified legal trap. There are two primary vectors here, both heavily backed by US federal criminal statutes: **1. The Accidental Money Laundering Mule (Most Likely)** No one sends $2,500 by mistake to a completely random address; the mathematical odds of fat-fingering a valid 40-character hex address and hitting an active wallet are virtually zero. Those funds are highly likely tainted, originating from a DeFi exploit, a compromised exchange account, or a phishing scam. By converting that ETH to cash via a KYC-compliant exchange, your friend has connected their real-world identity to stolen assets. Under the **Anti-Money Laundering Act of 2020 (codified in 31 U.S.C. § 5312)**, digital asset transfers are legally classified as 'value that substitutes for currency' under the Bank Secrecy Act. This means they're bound by the exact same strict compliance mandates as standard bank wire transfers. The moment those tainted funds are traced to your friend's KYC profile, the exchange is legally obligated under **31 U.S.C. § 5330** to execute an immediate asset freeze and file a **Suspicious Activity Report (SAR)**. If your friend claims they 'didn't know' where the funds came from, prosecutors can still charge them under the legal doctrine of **Willful Blindness (18 U.S.C. § 2315)**. The law explicitly treats deliberate ignorance of highly suspicious transactions as equivalent to actual knowledge. **2. The Clean-Cash Refund Trap & OFAC Strict Liability** If your friend tries to be a good citizen and 'sends it back' to the address that requests it, they're effectively laundering the stolen money. They send their own clean ETH to the thief, while keeping the absolute civil and criminal liability for the dirty inbound transfer. Worse, if those original funds came from a blacklisted address or mixer (like Tornado Cash), interacting with them triggers **strict liability** under **OFAC Sanctions Compliance (31 C.F.R. Part 501)**. Under federal sanctions law, strict liability means your friend can be prosecuted and heavily fined even if they had zero illicit intent and it was a complete mistake. Returning the funds to a sanctioned address completes a banned financial transaction. **What they should do immediately:** * **Trace the Hash**: Take the transaction hash and inspect it on Etherscan. See if the sending address has been flagged for phishing, or if the funds came directly from a mixer or a known exploit. * **Don't Move More Funds**: Do not attempt to send any 'refunds' to anyone. * **Isolate the Cash**: Keep that converted fiat entirely separate in a bank account. Do not spend it. When the exchange compliance department flags the transfer, they will lock the account and demand proof of funds. Your friend will need to show they didn't actively participate in the theft. It's a tough spot, but keeping the cash isolated and preparing for an exchange freeze is the only safe move right now.

EducationalHunter100

All of mine have plummeted, without exception. I bought moonshots like ALEPH, ADAM, MATH, SAND, and DOT... ETH might be the only one I have that is still heartbeating.

PJRocks8

It is possible to swap BTC to ETH with [switcher.finance](https://switcher.finance/?p=swap) however, wBTC is custodial. Just select Bitcoin > Ethereum, click and swap. It takes seconds and it's fully decentralized.

Mmatyi

Well, if anyone is planning on dumping some stolen ETH my wallet is open for you.

Fritz1818

What happened? Did the ETH foundation ran out of ETH to sell?

Spoofik

ETH is as solid as a rock and could grow faster than BTC because it has a smaller market cap; you might also want to consider SOL and HYPE for the same reasons. DOGE is a meme coin with zero utility, but if you get lucky, it could also go up, though that’s more like gambling.

AlternativeHunter543

The top comment asks what happens if it dumps now. Worth knowing what the base rates say, and also what they do not say. I pulled every daily candle across 8 majors (BTC, ETH, SOL, XRP, DOGE, BNB, ADA, LINK) that closed +15% or more. 253 instances. The day after: 57.9% closed red, 30.3% worse than -5%. But the mean next-day return was +0.92% against a +0.21% baseline, and the median was -1.51%. Barbell, not a drift. About one in seven ripped another 10%+ and carried the average by itself. Then I tried to get more specific, because that is exactly the setup we are in now: the pump day was followed by a green day. Across the same sample, the second day after that pattern was green only 41.1% of the time (n=107). Nine points below baseline. That looked like a real edge. So I split the history in half and ran each half separately. First half 38.6%, second half 52.6%. The effect reversed. Sample sizes in the second half are small, but a result that flips sign when you cut the data is not a result, it is a coincidence with good marketing. So I do not have a call for today, and that is the honest answer. What I do have is a note about the first number: after a vertical day, red is the modal outcome, but the tail that pays is fat enough to make the average positive. Anyone quoting only one of those two numbers at you is selling something. Method: daily candles, Binance spot, close vs open on the same candle for the pump day, close to close after.

coin_lobster

Personally I'd lean toward ETH today. It's got more active development and the upcoming upgrades tend to draw steady interest, whereas BTC feels a bit range-bound and DOGE is mostly hype-driven.

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Post is by: Salt-Animator-6283 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1vtk9s6/after_that_488m_single_liquidation_on_hyperliquid/ CoinGlass data from the last 24 hours showed over 171,000 traders liquidated as BTC broke out toward $70k+, including a single $48.8M BTC short liquidation on Hyperliquid. A lot of traders think they are insulated because they use modest leverage across multiple tickers (BTC, ETH, and high-beta L1s). But when BTC makes an 8–10% impulsive candle and ETH surges nearly 18–20%, cross-margin balances evaporate exponentially fast if your net book beta is skewed in one direction. How do you guys actively monitor and quantify total book risk in real time? * Are you calculating live portfolio VaR (Value at Risk) or beta-weighting your net margin against BTC/ETH? * Do you set hard, non-negotiable auto-deleveraging rules at the sub-account/wallet level rather than relying on per-trade stop-losses? * What specific metric tells you that market leverage is too concentrated to hold size overnight? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

opensandshuts

Interesting to look at bc presumably, the higher the recent gain in the last 24, presumably the more short interest. I see this less as a chart about winning as a chart about where there is considerably doubt in the market. That doubt can be ranked as follows: 1. HYPE 2. STETH/WSTETH 3. ETH 4. XRP 5. XLM Seems investors are betting most heavily against these.

b1mm3rl1f3

My condolences to the ETH bears

SlickNegotiator

Even with ETH (which is highly recommended to pair with BTC). A year ago when BTC hit ATH that was almost double 2021 ATH, ETH also hit ATH, but it was literally few $ above 2021 ATH. So advising just to buy anything because it will move with BTC is probably the worst advice around.

roamingandy

20% for ETH.

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Post is by: move-size123 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1vtfkjr/same_volume_as_the_june_crash_opposite_result/ Everyone's hyping the Bitcoin's $2.7B short liquidation on Wednesday but the same $44B volume spike happened June 2-6 too, and back then every single one of those days was red, BTC dropped from 73.5k to 60.8k on that same volume. So the volume number by itself doesn't tell you anything, what matters is buyers actually absorbed the selling this time instead of folding like they did in June. ETH also gained 19.1% against BTC's 11.4% while DOT and LTC barely moved, so this wasn't even a uniform squeeze, some coins had real demand behind them and others just got dragged along. If it cools to $15-18B and price holds above 68k, real buyers are behind this move. If volume craters and price slides back to 64k, it was all mechanical short covering and nobody real showed up. And BTC is still 43% off its all time high with 95.6% of supply already mined, so nothing structural changed today, the shorts just got caught. Full dashboard [Here](https://app.vetros.dev/dash/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJ0eXAiOiJzaGFyZSIsInBpZCI6Ijk1NGY4NWZkIiwiZGFzaCI6ImRfNGYzMmNjOTQiLCJ2ZXIiOjEsImlhdCI6MTc4NzIyMDA3Mn0._GazR7qaI66ASF3vVd7spYCphaKfhl7X8kcqrJLYVd8) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

wallyone123

ETH the hell os going on

MinimalGravitas

Ethereum L1 is being used by literally the biggest financial institutions in the world. Blackrock (biggest asset manager in the world), UBS (biggest wealth manager in the world), JPMorgan (biggest bank in the world by market capitalization), Fidelity (3rd biggest asset manager in the world). They are all tokenizing RWAs on Ethereum, and their CEOs have been explaining at events like Davos this year that they see the future of the financial system as being built onchain. Other mainstream companies like Sony, LG, Deutsche Bank, Robinhood etc have built Ethereum rollups ('L2s' that are secured by and settle to Ethereum). The US oligarchy has signalled yet more support for crypto in general, and so people who have been paying attention realize that long term that means ETH is going to be an increasingly important part of the financial system.

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Post is by: Salt-Animator-6283 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1vteft5/nearly_27b_in_shorts_wiped_in_24h_as_btc_hit_70k/ Seeing over $2.7B in short liquidations get shredded in 24 hours while BTC punched straight from the $64k consolidation toward $70k (and ETH ripped 20%+) is a brutal reminder of how violent upside cascades are. When long cascades happen, prices usually bleed into bid support. But during a violent short squeeze, thin ask books and forced market buys create a self-reinforcing vertical vacuum. Even modest 3x–5x short hedges or mean-reversion swings got blown through their invalidation levels with massive slippage before anyone could manually adjust. For those of you running systematic books or active perp hedges: 1. How do you prevent short-side stops from compounding the squeeze when open interest is heavily stacked overhead?  2. Do you use dynamic delta scaling based on liquidation heatmaps, or shift entirely to synthetic options collars (calls/puts) to cap tail risk?  3. What is your mechanical rule for cutting a hedge before it turns into an account-draining liability? Genuinely looking to learn how non-retail desks structure risk when the market decides to wipe billions in hours. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Orin_n

I made some nice gains with UNI yesterday, I think it'd be somewhere at the top of the list too. Real talk, it doesn't matter if you buy BTC or ETH, or any other altcoin. You'd literally be buying the BTC movement regardless, so there is no 'risk' per se.

Impossible-Buyer6389

100% agree with you. BTC should be majority of your portfolio If you want to risk it buy some ETH and things inside top 10. Small amount inside top 20. Ps: Love that youre using CoinTrends. Respect

SexyBeast828

technically could return it to the sender address on the blockchain but would it be worth?, if its an exchange wallet, theyll take it finders keepers lol. I think i have gotten some too but nothing like ETH at 2.5k. Could be lucky too some random projects give raffles if theyve transacted on certain dex or projects or whatnot. Finders keepers most would say, return it, donate it forward, youve already cashed it so not much to do

AlternativeHunter543

Since the top comment is asking whether this is a bull trap, here's what the base rates actually say. I pulled every day across 8 majors (BTC, ETH, SOL, XRP, DOGE, BNB, ADA, LINK) where the coin closed up 15% or more on the day. 253 instances. Then I looked at the following day. 57.9% of those next days closed red. 30.3% closed more than 5% down. 13.8% closed more than 10% down. But the average next-day return is +0.92%, comfortably above the +0.21% baseline for a random day. Both of those are true at once, and that is the whole point. The median next day is -1.51% while the mean is positive, because 14.6% of the time the thing rips another 10%+ and drags the average up by itself. The distribution is barbell shaped, not centered. So "is it a bull trap" is the wrong shape of question. Most days after a big pump are red, and the ones that aren't are occasionally enormous. If you size for the average you get run over by the median. If you size for the median you miss the tail that pays. Method: daily candles, Binance spot, up day measured close vs open on the same candle. Happy to be told this breaks somewhere I didn't test.

Big_Papi_34

I’m having this same issue. Did you find a fix? I can’t unwrap the ETH because I have no ETH left in the wallet for gas because it’s all automatically getting wrapped.

TwitchScrubing

With the bump up I wanted to get a new headset or in ears, anyone got any recommendations? Been staking ETH so figured I'd swap it out. These are just amazon links from a website and I didn't want the links hella long lmao [https://howl.link/4xbkt1ongz5s2](https://howl.link/4xbkt1ongz5s2) (inears) [https://howl.link/usfbax1bog56y](https://howl.link/usfbax1bog56y) (inears) [https://howl.link/edf2cqv8f41th](https://howl.link/edf2cqv8f41th) (purples) [https://howl.link/8d01i8uw3ccpl](https://howl.link/8d01i8uw3ccpl) (h6) [https://howl.link/1loqculk5oyiy](https://howl.link/1loqculk5oyiy) (h9) [https://howl.link/1rltqxnxiq7uh](https://howl.link/1rltqxnxiq7uh) (h9) dunno if it's better to just run a mixer + pre amp + goxlr mic or just do it for casual gaming, not sure if the crypto bros know what's up on audio

HoldCtrlW

Easy short on ETH target $2150

Glittering_Pick_9738

But seriously 20% up in a single day for an asset as big as ETH is sick.

Glittering_Pick_9738

Geez, what happened to ETH? I am convinced it's pumping so hard because I don't have it anymore in my portfolio. Bought some SOL and BNB on the way down though.

GodBlessPigs

Wow, ETH just had an enormous green candle.

Ill-Sandwich-7703

Wtf ETH

DesertDissident

You're missing the point. Without a specified currency, it's ambiguous. “2.5k worth” of what... Pounds? Euros? Yen? USD? The OP could've just said 1.3 ETH or whatever it was.

TestingYEEEET

You have 10ETH+ and 0% staked?

throwaway291919919

it literally says “2.5k worth” of ETH in the title

5150sick

I guess today is not "free 2.5k worth of ETH day" because I checked and didn't receive my free ETH drop.

apathy420

No sir, do not send it here. This is a common scam! Your ETH came from a person that attached a wirus to the coin. I can help you sir. My name is Chris Jones and I am the CEO of ETH out here in California. Kindly provide me the key to the wallet and I will gladly clear up this problem for you. As a bonus, we will provide you one years of wirus protection and remote monitoring of your accounts.

Playful_Safe8796

A 4.7% difference on a swap that size is definitely worth investigating. I’d compare the full quote across a few non custodial exchanges before swapping again, including the final amount after fees and slippage. StealthEX is one option you could check for an ETH to USDT quote.

KinnerdtheWizard

It is not fast enough to satisfy any real world need. If it isn’t basically instant, then it isn’t real world ready. Solana can do more transactions than the VISA network, sends instantly, cost practically nothing to use and can build all the same “utility” projects. ETH is gonna be left in the dust.

azjerrylee

Unforunately the condition has advanced beyond our means. I am the mortician attending to the Goldfishes services, you can forward that ETH to me.