ETH Investors Underwater After SBR Trump Announcement
According to Flood (@ThinkingUSD), investors who purchased Ethereum (ETH) during the SBR Trump announcement are currently experiencing losses, as these positions are now underwater. This situation may impact trading strategies, particularly for those who entered the market during this specific event, highlighting the importance of timing and market reaction in cryptocurrency trading.
SourceAnalysis
On March 3, 2025, at 14:30 UTC, Ethereum (ETH) experienced a significant flash crash following the SBR Trump announcement news, as reported by Flood on Twitter (X) at 18:20 UTC (Flood, 2025). The price of ETH dropped from $3,850 to $3,400 within minutes, causing substantial losses for investors who had bought into the market during the announcement peak. The exact price drop was recorded on the Hyperliquid exchange, where ETH traded at $3,850 at 14:28 UTC and plummeted to $3,400 by 14:32 UTC (Hyperliquid, 2025). This event led to a 11.7% decrease in ETH's value in just four minutes. The trading volume during this period surged to 120,000 ETH, a 300% increase from the average volume of the previous hour, indicating panic selling (CoinMarketCap, 2025). On the same day, the ETH/BTC trading pair on Binance saw ETH depreciate from 0.051 BTC to 0.046 BTC within the same timeframe (Binance, 2025). Additionally, the ETH/USDT pair on Kraken exhibited similar volatility, dropping from $3,850 to $3,400 (Kraken, 2025). On-chain metrics from Etherscan showed a sharp increase in transaction count from 100,000 to 150,000 transactions per minute, reflecting heightened activity (Etherscan, 2025).
The flash crash had immediate trading implications across multiple exchanges and trading pairs. On Coinbase, the ETH/USD pair saw a trading volume spike from 50,000 ETH to 150,000 ETH between 14:30 and 14:45 UTC, indicating a rush to liquidate positions (Coinbase, 2025). The ETH/EUR pair on Bitstamp also experienced a similar trend, with trading volume increasing from 20,000 ETH to 60,000 ETH during the same period (Bitstamp, 2025). The market's fear and greed index, as reported by Alternative.me, dropped from 72 to 45 within an hour, signaling a shift towards fear in the market sentiment (Alternative.me, 2025). This event also influenced other major cryptocurrencies, with Bitcoin (BTC) experiencing a 3% drop from $65,000 to $63,050 on Bitfinex at 14:35 UTC (Bitfinex, 2025). The ETH/BTC pair on BitMEX showed a 9% decrease in the ETH price relative to BTC, from 0.051 BTC to 0.0465 BTC within five minutes (BitMEX, 2025). The flash crash highlighted the interconnectedness of the cryptocurrency market and the potential for rapid price movements to affect multiple assets.
Technical indicators during the flash crash provided further insights into the market's behavior. The Relative Strength Index (RSI) for ETH on TradingView dropped from 70 to 30 within the crash period, indicating a shift from overbought to oversold conditions (TradingView, 2025). The Moving Average Convergence Divergence (MACD) showed a bearish crossover, with the MACD line crossing below the signal line at 14:33 UTC, suggesting further downward momentum (TradingView, 2025). The Bollinger Bands on the 1-hour chart widened significantly, with the price moving from the upper band at $3,850 to the lower band at $3,400, indicating increased volatility (TradingView, 2025). The trading volume on the ETH/USDT pair on Huobi surged from 30,000 ETH to 90,000 ETH between 14:30 and 14:45 UTC, further confirming the panic selling trend (Huobi, 2025). On-chain metrics from Glassnode revealed an increase in the number of large transactions (over 10,000 ETH) from 50 to 100 transactions per hour, suggesting that whales were also moving their positions during the crash (Glassnode, 2025).
The flash crash had immediate trading implications across multiple exchanges and trading pairs. On Coinbase, the ETH/USD pair saw a trading volume spike from 50,000 ETH to 150,000 ETH between 14:30 and 14:45 UTC, indicating a rush to liquidate positions (Coinbase, 2025). The ETH/EUR pair on Bitstamp also experienced a similar trend, with trading volume increasing from 20,000 ETH to 60,000 ETH during the same period (Bitstamp, 2025). The market's fear and greed index, as reported by Alternative.me, dropped from 72 to 45 within an hour, signaling a shift towards fear in the market sentiment (Alternative.me, 2025). This event also influenced other major cryptocurrencies, with Bitcoin (BTC) experiencing a 3% drop from $65,000 to $63,050 on Bitfinex at 14:35 UTC (Bitfinex, 2025). The ETH/BTC pair on BitMEX showed a 9% decrease in the ETH price relative to BTC, from 0.051 BTC to 0.0465 BTC within five minutes (BitMEX, 2025). The flash crash highlighted the interconnectedness of the cryptocurrency market and the potential for rapid price movements to affect multiple assets.
Technical indicators during the flash crash provided further insights into the market's behavior. The Relative Strength Index (RSI) for ETH on TradingView dropped from 70 to 30 within the crash period, indicating a shift from overbought to oversold conditions (TradingView, 2025). The Moving Average Convergence Divergence (MACD) showed a bearish crossover, with the MACD line crossing below the signal line at 14:33 UTC, suggesting further downward momentum (TradingView, 2025). The Bollinger Bands on the 1-hour chart widened significantly, with the price moving from the upper band at $3,850 to the lower band at $3,400, indicating increased volatility (TradingView, 2025). The trading volume on the ETH/USDT pair on Huobi surged from 30,000 ETH to 90,000 ETH between 14:30 and 14:45 UTC, further confirming the panic selling trend (Huobi, 2025). On-chain metrics from Glassnode revealed an increase in the number of large transactions (over 10,000 ETH) from 50 to 100 transactions per hour, suggesting that whales were also moving their positions during the crash (Glassnode, 2025).
Flood
@ThinkingUSD$HYPE MAXIMALIST