Ethereum CRASHES! $183M LOST! Whales BUYING the DIP?
Could your crypto portfolio vanish in a flash? Ethereum, the second-largest cryptocurrency, plunged below $4,000, wiping out a staggering $183 million from traders' accounts in just 24 hours. One unlucky soul saw his $36 million long position obliterated, leaving him with barely half a million dollars. This dramatic dip comes after weeks of steady growth and record highs, leaving many wondering what triggered the sudden crash. Analysts had previously warned about Ethereum's fragile state, and it seems their predictions came true. However, amidst the chaos, whales and institutional investors are swooping in, accumulating over $1 billion worth of ETH. This massive buying spree suggests a strong belief in Ethereum's long-term potential. Even with the market's wild swings, some are seeing this dip as a golden opportunity. Is this a sign of recovery or just the calm before the next storm? Subscribe to our channel to stay ahead of the curve.
Tags/Hashtags: #ethereum #eth #cryptocurrency #liquidation #whales #accumulation #brn #coinglass #lookonchain #kraken #bitgo #falconx
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