Does the “each goes its own way” move by Ethereum and Base toward wallet standards really provide the perfect excuse for whales to force liquidity out?
A sudden change of direction when Ethereum chooses EIP-8141 while Base pursues EIP-8130 is pushing the ecosystem toward the risk of fragmented cross-chain trading. For major investment funds and smart money, the disruption in the dApp experience across chains is a very concerning liquidity barrier. Just as the market has swept away more than $570 million in long positions, this news immediately caused $ETH to be dumped more than 3.28%, hovering around $2,389.64 (at the time of writing).
From a cash-flow perspective, it seems that the big players are using this technical confusion to shake off any remaining weak leveraged positions. They are not rushing to support the price yet; instead, they let the market absorb the bad news on its own—so they can gather inventory at better discount zones.
To everyone holding $ETH derivatives, don’t rush into FOMO when big money hasn’t yet confirmed its move. Be patient and watch how the price reacts rather than hastily trying to guess the bottom.
Everyone, check the chart below for $ETH to see what the buying and selling pressure looks like! 👇
#ETH #Ethereum #Layer2 #Crypto
A sudden change of direction when Ethereum chooses EIP-8141 while Base pursues EIP-8130 is pushing the ecosystem toward the risk of fragmented cross-chain trading. For major investment funds and smart money, the disruption in the dApp experience across chains is a very concerning liquidity barrier. Just as the market has swept away more than $570 million in long positions, this news immediately caused $ETH to be dumped more than 3.28%, hovering around $2,389.64 (at the time of writing).
From a cash-flow perspective, it seems that the big players are using this technical confusion to shake off any remaining weak leveraged positions. They are not rushing to support the price yet; instead, they let the market absorb the bad news on its own—so they can gather inventory at better discount zones.
To everyone holding $ETH derivatives, don’t rush into FOMO when big money hasn’t yet confirmed its move. Be patient and watch how the price reacts rather than hastily trying to guess the bottom.
Everyone, check the chart below for $ETH to see what the buying and selling pressure looks like! 👇
#ETH #Ethereum #Layer2 #Crypto
