More than 968 million dollars worth of Ethereum sell orders were recorded on Binance alone after Trump’s remarks triggered sharp market volatility.
Several crypto assets declined on Friday after a speech by Donald Trump unsettled global markets. Contrary to expectations of a more cautious tone, he outlined possible military action against Iran within the next two to three weeks.
Ethereum experienced significant selling pressure, particularly in the derivatives market.
Massive Derivatives Sell Off
According to analysis from CryptoQuant, Ethereum selling activity surged rapidly following Trump’s comments, which heightened tensions related to Iran.
Markets had anticipated a more calming message. Instead, Trump stated that Operation Epic Fury had delivered major results after one month, including weakening Iran’s military strength and reducing its missile capabilities. He added that objectives were nearing completion and warned that stronger attacks would continue over the coming weeks.
Traditional financial markets reacted immediately. United States Treasury bonds moved higher, while the S&P 500 lost roughly 500 billion dollars in market value within minutes.
The impact quickly spread to cryptocurrency markets, especially derivatives trading. CryptoQuant reported that Ethereum recorded more than one billion dollars in sell volume in derivatives markets within a single hour as short term bearish sentiment intensified. Around 968 million dollars of this activity took place on Binance, which handles the largest share of global crypto trading volume.
The surge in sell orders pushed Ethereum’s price down by more than 4 percent during the same period. The analytics firm noted that financial markets are entering a phase of extreme uncertainty and volatility, leading to increasingly unstable price movements.
Weakening Institutional Support
Spot Ethereum exchange traded funds recorded eight consecutive days of outflows as rising geopolitical tensions reduced investor confidence and appetite for risk. Although there was a brief recovery with inflows over the following two sessions, the rebound did not last. Institutional support weakened again, leading to fresh outflows. On April 1, spot Ethereum ETFs saw more than 7 million dollars in net withdrawals.
With both derivatives activity and institutional investment under pressure, analysts at Bitunix explained that the market has entered a new phase driven by supply chain disruption. They noted that energy, metals, and geopolitical factors are combining to push inflation expectations higher without supporting economic growth. This creates a mismatch between risk and asset pricing. Without clear policy direction or a defined path to resolving conflicts, asset prices are likely to continue being driven mainly by liquidity conditions and shifts in investor risk appetite.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
