Kalshi Estimates a Low ETH Price This Year After $200B Liquidated in Two Weeks

TheNewsCryptoPubblicato 2026-02-02Pubblicato ultima volta 2026-02-02

Introduzione

Kalshi forecasts a further decline in ETH price, potentially dropping to as low as $1,410 by 2026, amid a broader crypto downturn. The crypto market has lost approximately $200 billion in liquidations over two weeks, with total market cap shrinking by $800 billion since October 2025 highs. Gold and Silver also fell sharply, reflecting broader investor caution. Despite the bearish sentiment, near-term projections remain bullish: BTC is expected to rise over 33% in the next month, while ETH is forecasted to increase by 12.45% to around $2,514.83.

Kalshi expects ETH price to go lower in 2026. This comes on the sidelines of heavy liquidations over the last 2 weeks from across the crypto market. Gold and Silver have slipped as well, triggering anticipation that it was natural for cryptos to plunge. Nevertheless, near-term projections for crypto prices are bullish.

ETH Price to Decline Further, Kalshi Forecasts

ETH is currently listed at $2,283.14, down by 5.99% over the last 24 hours. However, Kalshi has forecasted that the token could go as low as $1.41k in 2026. Ether, also down by 21.08% over the last week, was earlier projected to fall under $2,500 with a 60% chance of moving below the $2k mark.

The report has received responses from the community, with some calling it a cycle wherein over-speculation is followed by a crash. Another community member has said that the only probable way is to short everything. Interestingly, Kalshi Traders earlier forecasted BTC to go as low as $64,000 this year, which is in 2026.

Crypto Market Shrinks Badly

An indirect interpretation is reflecting from the fact that the crypto market just recorded a liquidation of approximately $200 billion in the last 2 weeks. As reported by Yahoo Finance, the global crypto market cap has also shrunk by almost $800 billion to this point from the highs of October 2025.

The collective crypto market cap is now 2.61 trillion, with the FGI at 15 points. Gold and Silver have also recorded sharp falls in their respective values – rolling out an obvious assumption that it was only natural for the crypto market to shrink as investors react to multiple macro factors. Gold declined by 6% and Silver by 12%.

October 10, 2025, reportedly remains the biggest liquidation day, given that the market lost around $19.16 billion on that day. The decline was attributed to the imposition of a 100% tariff on China, which disrupted international trade, and BTC was liquidated amid the rising uncertainty.

Crypto Price Projections

Near-term projections of crypto prices remain bullish. Like, BTC is projected to surge by 33.48% in the next 1 month. This could take its value to around $103,487, amid a medium volatility of 4.43%.

Similarly, ETH is forecasted to rise by 12.45% during the same timeline and trade at around $2,514.83, up from $2,283.14.

Highlighted Crypto News Today:

XRP Slides Below $1.60 Amid Broader Crypto Market Pullback

TagsETH PriceKalshiLiquidation

Domande pertinenti

QWhat is Kalshi's forecast for the lowest possible ETH price in 2026?

AKalshi forecasts that ETH could go as low as $1,410 in 2026.

QHow much was liquidated from the crypto market in the last two weeks according to the article?

AApproximately $200 billion was liquidated from the crypto market in the last two weeks.

QWhat was the main reason cited for the major market liquidation on October 10, 2025?

AThe major liquidation was attributed to the imposition of a 100% tariff on China, which disrupted international trade and created rising uncertainty.

QDespite the bearish long-term forecast, what is the near-term price projection for Ethereum (ETH)?

AThe near-term projection for Ethereum is bullish, with a forecasted rise of 12.45% to trade at around $2,514.83.

QWhich other major assets, besides cryptocurrencies, have seen sharp declines in value?

AGold and Silver have also recorded sharp falls, declining by 6% and 12% respectively.

Letture associate

Trade.xyz's Rebase Refusal Sparks Controversy, On-Chain Pre-IPO Market Faces Major Pricing Test

The debate surrounding Trade.xyz's refusal to adjust its SPCX (SpaceX pre-IPO) perpetual contract pricing amid updated share count revelations highlights a key challenge for on-chain pre-IPO markets. While several centralized exchanges (CEXs) paused and repriced their contracts after SpaceX's filing showed a ~10% increase in total shares, Trade.xyz maintained its market-driven pricing logic, which tracks expected per-share price sentiment rather than fundamental valuation metrics like market cap. This discrepancy triggered cross-platform arbitrage and caused leveraged long positions on Trade.xyz to suffer significant losses, as the platform's HIP-3 architecture lacks a native "Rebase" mechanism to neutrally adjust all user positions following such corporate actions. The incident underscores the difficulty for decentralized perpetual exchanges (Perp DEXs) to implement Rebase—a process CEXs handle by centrally pausing markets and adjusting ledger data. On-chain, this requires complex smart contract modifications, increasing gas costs, complexity, and potential attack surfaces. While some DEXs have managed similar adjustments, Trade.xyz's current design does not natively support it, though the team is reportedly exploring solutions for future events like stock splits. Ultimately, the controversy serves as a critical case study for the nascent on-chain pre-IPO sector, raising questions about price discovery reliability, transparent rule disclosure, and the readiness of DeFi infrastructures to handle traditional corporate actions as real-world assets (RWAs) gain traction.

marsbit9 min fa

Trade.xyz's Rebase Refusal Sparks Controversy, On-Chain Pre-IPO Market Faces Major Pricing Test

marsbit9 min fa

The 'Middle Eastern Prince' Swindles a Wealthy Woman: Renting Planes and Rolls-Royces, Scamming 120 Million Over Three Years

Two brothers who posed as "Middle Eastern princes" have been sentenced in the United States to 24 and 23 years in prison, respectively, and ordered to pay over $21.2 million in restitution and back taxes. Over three years, they fraudulently obtained approximately $21 million, primarily by promoting fictitious investment projects, including a non-existent cryptocurrency mining operation in a former General Electric industrial park in East Cleveland. The brothers, aged 42 and 33, created elaborate personas: one claimed to be a wealthy royal family heir and the city's "International Economic Advisor," while the other posed as a hedge fund manager with expertise from watching the TV show *Billions*. They bolstered their image by renting luxury cars and private jets and cultivating a relationship with a local mayor's chief of staff, who provided official-looking documents and government event access. A significant portion of the victims' funds, about $18 million, came from a single Chinese investor, a woman from Sichuan with experience in Bitcoin mining. The brothers also defrauded several women, including one former girlfriend. Their scheme unraveled when the primary investor discovered her $6 million worth of mining equipment had been sold off. The case highlights a trend of impostors using fabricated "Middle Eastern royal" identities to target wealthy individuals. Similar incidents include a "Dubai prince" who recently promoted a $500 million family office in Hong Kong and a Colombian man who impersonated a Saudi prince for decades in the US before being caught and sentenced in 2019.

marsbit24 min fa

The 'Middle Eastern Prince' Swindles a Wealthy Woman: Renting Planes and Rolls-Royces, Scamming 120 Million Over Three Years

marsbit24 min fa

a16z Partner: Being in the Flow of Capital Is the True Moat

A16z Partner: Standing in the Cash Flow is the True Moat Historically, many of the strongest companies built their moats by positioning themselves within "cash flows"—facilitating value creation and transfer in a network and taking a cut. The more value flows, the larger they grow. Crypto is the first modern technology natively built for this. With open ledgers, programmable settlement, and stablecoins enabling internet-speed global value transfer, it allows startups to inherit network effects from day one. Well-designed tokens align users, developers, and the protocol towards network growth, distributing value to contributors. This model isn't new (e.g., railroads, Visa, Google, AWS) but Crypto democratizes it. It lets entrepreneurs target areas with high inefficiency and profit extraction—like traditional finance's payments, custody, FX, and settlement—to compress costs, increase speed, and redistribute value by standing in the new flow. The opportunity extends beyond finance to emerging markets like GPU/compute, AI training data, energy, and space, where new, programmable infrastructure can be built without legacy constraints. Key questions for founders: Are you already in the cash flow? Does your revenue scale 10x with network activity? Where is profit extraction highest relative to value created in your market? The strategy is clear: compress the old cost structure, position yourself in the new value stream, and let the network compound.

marsbit51 min fa

a16z Partner: Being in the Flow of Capital Is the True Moat

marsbit51 min fa

Capturing 15 Top-Tier Zero-Day Vulnerabilities: A Consensus Protocol Debug Agent Framework Built by 0G Lab in Collaboration with Teams from NUS, PKU, and BUPT

"Agents Capture 15 Critical Zero-Day Bugs: 0G Lab's Multi-Agent Framework Automates Debugging in Consensus Protocols" Distributed consensus protocols are notoriously difficult to debug due to complex, intertwined states. A novel framework, Agora, developed by 0G Labs with researchers from NUS, Peking University, and Beijing University of Posts and Telecommunications, tackles this by fusing deep domain expertise with a collaborative multi-agent LLM architecture. Agora moves beyond the limitations of single LLMs and traditional testing like fuzzing. It employs three specialized agents: an Orchestrator for global state, a Strategy agent for generating attack scenarios using distributed systems knowledge, and a TestGen agent that creates executable tests. A core innovation is its efficient "Succinct Memory & Communication" mechanism and a dynamic test harness. This allows the system to translate abstract hypotheses into concrete tests across languages like Go and Rust, run them, capture failures, and refine the approach in a closed loop—all with minimal token overhead. In rigorous evaluations on production-level protocols including Raft, EPaxos, and components from etcd and Sui, Agora discovered 15 previously unknown deep logic bugs (e.g., execution divergence, liveness violations). In stark contrast, powerful standalone LLMs like GPT-5.2 and Claude 4.5 found zero such bugs. Agora achieved this with a high precision of 73.9% and at an average cost of only about $40 per bug found. The framework demonstrates high generalizability. Its decoupled design allows the "Multi-Agent + Hypothesis-Driven Testing" paradigm to be applied to other complex domains like database concurrency control, OS kernels, and Web3 smart contract auditing. By enabling efficient, automated detection of deep logic flaws, Agora points the way for AI-powered security in critical infrastructure, aligning with the growing trends of agentic systems and automated quality control.

marsbit54 min fa

Capturing 15 Top-Tier Zero-Day Vulnerabilities: A Consensus Protocol Debug Agent Framework Built by 0G Lab in Collaboration with Teams from NUS, PKU, and BUPT

marsbit54 min fa

Trading

Spot
Futures
活动图片