**Ethereum Warning: Possible Whale Dump Ahead**

Ethereum is approaching a critical price zone that could trigger high volatility and a wave of liquidations. Here’s the current outlook:

### Market Snapshot

- **Price:** $4,469.54

- **24h Change:** -0.18%

- **Market Cap:** $540.11B

- **24h Trading Volume:** $18.34B

### Potential Liquidation Risk

- **Trigger Zone:** $4,900–$5,200

- **Estimated Liquidations:** $6.8B–$7.5B

- **Immediate Downside Target:** $3,300

- **Extreme Panic Wick:** $2,700–$2,900 before a bounce

### Whale Strategy

- **Whale Behavior:** Large players may be luring retail traders into late longs before forcing a cascade of liquidations.

- **Short Setup Zone:** $4,800–$4,950

- **Profit Target:** $3,200

- **Stop Loss:** $5,250 (tight to avoid a breakout trap)

### Expert Insights

- **Vitalik Buterin:** Emphasized that low-risk DeFi protocols can provide stable revenue and strengthen Ethereum’s long-term fundamentals.

- **Institutional Demand:** Growing interest reflected in ETH ETF inflows and holding ratios.

- **Technical View:** The rally is stalling as Binance spot and perpetual volumes flatten.

### Key Developments

- **Fusaka Upgrade (Dec 3):** Includes 12 EIPs to improve scalability, security, and cost efficiency.

- **BlackRock Accumulation:** Recently added 31,470 ETH (~$141M).

- **ETH Spot ETFs:** Logged $638M in weekly inflows, led by Fidelity.

### Bottom Line

Ethereum is entering a highly sensitive zone. A sharp move in either direction could set off major liquidations. Investors should stay cautious and track whale activity, institutional flows, and upcoming network upgrades