Ethereum Price Falls 3%, Drops Below $3500 – What Are the Reasons Behind the Fall?

Ethereum price falls 3%, drops below $3500 – what are the reasons behind the fall?

Ethereum price dropped below $3,500 after a big market fall and global money worries. Traders faced huge losses, but experts think it could recover soon. With strong staking, whale buying, and high network use, Ethereum still looks strong for the future even after the sudden price crash.

Crypto trader loses over $2 million in 5 days as market tanks

As the broader cryptocurrency market experiences massive capital outflows, a whale has suffered a costly misstep, dumping thousands of Ethereum (ETH) at a steep loss after attempting to time the market bottom. The wallet identified as ‘0x1b57’ offloaded 5,570 ETH, approximately $19.56 million, over several hours, sending the funds to Binance in three large batches: 2,070 ETH ($7.26M), 2,000 ETH ($7.01M), and 1,500 ETH ($5.28M), according to the …

HyperUnit Opens $55 Million Long Position in Bitcoin, Ether - Invest In Crypto News

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HyperUnit Opens $55 Million Long Position in Bitcoin, Ether – #CryptoUpdatesGNIT

The crypto whale that made $200 million from the US-China tariff-led crypto crash last month is now betting $55 million that Bitcoin and Ethereum will rise again.  Crypto analytics platform Arkham was one of the first to identify the whale’s new long positions in an X post on Monday, which comprises a $37 million Bitcoin long position and an $18 million Ether long position on the decentralized derivatives exchange Hyperliquid. Referred to as the…

Crypto whale who nailed the October crash opens $55M BTC and ETH longs

A crypto whale known as HyperUnit has placed a $37 million long position on Bitcoin and a $18 million long position on Ether. They’ve been right the last three times.

Hyperunit Whale Deploys $55M Long on Bitcoin and Ethereum

According to Arkham, “Hyperunit” whale has deployed $37 million into Bitcoin and $18 million into Ethereum on the Hyperliquid exchange.