GWEI (ETHGas) surges 40.3% in 24 hours to $0.107: trading volume soars 190% driven by institutional trading
Bitget Pulse2026/04/18 14:14Volatility Overview
In the past 24 hours, GWEI price rebounded from a low of $0.076293 to a high of $0.107038, currently quoted at $0.107038, with a fluctuation of 40.3%. The 24-hour trading volume has significantly expanded to approximately $23.37 million, marking a 190.8% increase compared to the previous day. Net capital inflow is positive, as spot trading net inflow reaches about $76,000.
Brief Analysis of Abnormal Movements
- Trading volume and price surged simultaneously: GWEI's price rose 20.9%-27.66% over the past 24 hours, with trading volume jumping from yesterday's low to $15.35–$23.37 million, mainly concentrated on MEXC, Binance, and other platforms.
- Institutional excitement and rumors of large trades: Community discussions referenced a $3 billion deal with ether.fi and rising institutional interest, driving short-term buying pressure.
Market Perspective and Outlook
Market sentiment is optimistic, with trading signals on X platform indicating a continuation of the bullish trend. Some users mentioned the launch of airdrops, increasing holding motivation. Analysts suggest short-term targets of $0.073–$0.078, but caution about profit-taking risks. If support at $0.076 fails to hold, a pullback may occur.
Note: This analysis is automatically generated by AI based on public data and on-chain monitoring and is for informational reference only.Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
September New Jobs Expected to Drop to 90,000: Tonight’s Real “Bombshell” in Nonfarm Payrolls May Be Whether August Data Is Significantly Revised Down
Wall Street generally expects that new jobs added in September will drop to 90,000 and the unemployment rate will remain at 4.1%. The strong data in August was mainly boosted by unusual seasonal factors; the extent of their revision will directly affect perceptions of the strength of the September figures. As recent statements by Federal Reserve officials have pushed the probability of a rate hike in October down to 25%, market attention has shifted to long-term rates. Currently, systematic funds hold about $390 billion in global bond short positions. If the employment data unexpectedly disappoints, it could trigger severe market turbulence.
Retail Investors Stage a "Big Shrinking Circle"! JPMorgan Fund Flows Reveal Nvidia and SanDisk Attracting Funds Against the Trend, US Treasury ETF Returns to Retail Investors' Radar
Retail investors are concentrating their stock selections on a few targets related to computing power, storage, and large technology companies. On the bond side, another clear trend has emerged: amid continued pressure on long-term U.S. Treasury prices and persistently high yields, long-term Treasury ETFs saw a net inflow of $260 million during the week.
Strive stock closes at $30.11, up 2.38% as RSI flashes overbought signal
Macron calls for G7 coordination to address rising diesel prices, oil prices plunge in response, European stocks collectively rise
On October 2 local time, French President Macron called on the G7 to take coordinated action to avoid implementing export restrictions and jointly curb the rise in fuel prices. During a conference call among EU member country governments on Friday, parties discussed a proposal put forward by France: European countries would release 50 million barrels of diesel, and at the same time, International Energy Agency members would release 50 million barrels of crude oil.
Crypto prices
More
