Hotspot Tracking
Worth Watching
$ETH falls below $1800, hitting a 14-week low
ETHUSDT
+0.04%
ARBUSDT
+0.06%
BTCUSDT
+0.05%
DOGEUSDT
+0.11%
Event Interpretation
ETH fell to $1750, a 14-week low. Bitmine's floating losses on holdings are nearly $9 billion, with negative sentiment being released en masse.
Prediction platform Polymarket gives a 71% probability of ETH falling to $1500, causing short-selling expectations to become self-reinforcing.
Event Timeline
20:33
6/3
Latest
ETH touched a low of $1750, a 14-week low
12:00
6/3
Polymarket bets on ETH falling to $1500 rose to 71%
06:00
6/3
Bitmine disclosed floating losses of nearly $9 billion on ETH holdings
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Related Targets
ETHUSDT
$2,741.58
ETH
+0.04%
MC
$2.1B
24h Volume
$2.95B
AI Analysis
The price hitting a 14-week low is the core of this event, and Bitmine's massive floating losses are also centered on ETH holdings
Futures
ARBUSDT
$0.2249
ARB
+0.06%
MC
$20.75M
24h Volume
$38.8M
AI Analysis
One of the first 8 chains connected to Mastercard's stablecoin settlement network, ETH's decline also drags down L2 tokens
Futures
BTCUSDT
$85,830.1
BTC
+0.05%
MC
$2.95B
24h Volume
$4.67B
AI Analysis
One of the connected chains for Mastercard's stablecoin settlement network, L2 under Coinbase
Futures
DOGEUSDT
$0.09713
DOGE
+0.11%
MC
$147.48M
24h Volume
$234.44M
AI Analysis
During ETH's decline, BTC is under simultaneous pressure, and overall market risk appetite is decreasing
Futures
The above content is AI-generated for reference only.