#Ethereum
📉 $ETH Crash: Whales Buy the Dip Amidst Tens of Millions in Liquidations!
The crypto market is back in the red, with Ethereum taking the hardest hit among large-cap assets—dropping below $2,100 (hitting lows near $2,070).
📊 Market Update:
💥 Massive Liquidations: A single major trader on Hyperliquid lost nearly $20 million on long positions (bringing their total monthly losses to over $33 million). Additionally, the largest single liquidation order—valued at $48 million—occurred on Binance and involved ETH.
🐋 Whales Buying the Dip: Meanwhile, major players are increasing their spot positions. One whale borrowed 22 million USDT from Aave to purchase 10,000 ETH at $2,155, while another withdrew 3,500 ETH from Binance (bringing the weekly total to nearly 16,600 ETH).
The market remains turbulent following events at the end of October and news from the U.S., yet "big money" continues to show strong interest in the asset on the spot market.
📉 $ETH Crash: Whales Buy the Dip Amidst Tens of Millions in Liquidations!
The crypto market is back in the red, with Ethereum taking the hardest hit among large-cap assets—dropping below $2,100 (hitting lows near $2,070).
📊 Market Update:
💥 Massive Liquidations: A single major trader on Hyperliquid lost nearly $20 million on long positions (bringing their total monthly losses to over $33 million). Additionally, the largest single liquidation order—valued at $48 million—occurred on Binance and involved ETH.
🐋 Whales Buying the Dip: Meanwhile, major players are increasing their spot positions. One whale borrowed 22 million USDT from Aave to purchase 10,000 ETH at $2,155, while another withdrew 3,500 ETH from Binance (bringing the weekly total to nearly 16,600 ETH).
The market remains turbulent following events at the end of October and news from the U.S., yet "big money" continues to show strong interest in the asset on the spot market.
