{"id":154811,"date":"2025-04-07T17:00:54","date_gmt":"2025-04-07T14:00:54","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=154811"},"modified":"2025-04-07T15:49:41","modified_gmt":"2025-04-07T12:49:41","slug":"ethereum-whales-trigger-panic-as-massive-liquidations-loom","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ethereum-whales-trigger-panic-as-massive-liquidations-loom\/","title":{"rendered":"Ethereum Whales Trigger Panic as Massive Liquidations Loom"},"content":{"rendered":"

Bitcoin\u2019s price plunged below $75,000, while Ethereum declined below $1,500 after holding steady for more than two years. Panic gripped investors as major Ethereum holders, often referred to as whales, began liquidating significant amounts of ETH, signaling a potential downward trend.<\/p>\n

One of the most alarming developments came when a whale offloaded 67,570 ETH\u2014valued at over $106 million when priced at $1,650\u2014causing heightened concern among market participants. Another long-time holder, who had maintained a substantial Ethereum position for more than a decade, made a strategic shift by converting over $22 million worth of ETH into stablecoins.<\/p>\n

In a sudden move, this whale transferred 14,000 ETH to Binance and withdrew $15.5 million in stablecoins, possibly as a hedge against market volatility or as a sign of dwindling confidence in Ethereum\u2019s short-term performance.<\/p>\n