WLFI-Linked Wallet Offloads Ethereum as Losses Mount Amid Falling ETH Price
WLFI's holdings in ETH which was acquired at higher prices, are now deeply underwater.
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WLFI's holdings in ETH which was acquired at higher prices, are now deeply underwater.
Risky assets remain volatile as trade war tension between the United States and China keeps investors on the edge. A minor positive is that Bitcoin (BTC) has avoided a sharp fall and is trading well above the crucial near-term support at $73,777.
An Ethereum whale has dumped its ETH holdings after holding them for over two years, even through a bull market. This capitulation from the ETH whale suggests it might be a good time to offload the leading altcoin, with a further crash in the coming weeks a possibility.
Ethereum has tumbled by 8% today, yet its chart and indicators suggest that it could fall all the way to $1,000 before it manages to recover. The post Is $1,000 the Final Floor for Ethereum? One Metric Thinks So appeared first on Cryptonews.
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TL;DR Vitalik Buterin proposed leveraging techniques from layer 2 solutions to directly improve the efficiency and scalability of Ethereum's base layer. L2s would continue to operate with specific functions, such as processing large volumes of data and mitigating the negative effects of priority-extractable value.
WLFI wallet sold 5,471 ETH at $1,465 just before the project went public. Technicals show ETH is oversold, with RSI at 35.98 and CMF at -0.21.
World Liberty Financial (WLFI), the DeFi project partly owned by US President Donald Trump‘s family, has begun offloading some Ethereum holdings amid the top asset's recent price struggles. On April 9, blockchain analysis platform Lookonchain, citing data from Arkham Intelligence, reported that a wallet linked to the DeFi venture sold 5,471 ETH for approximately $8.
Ethereum price continues its freefall and has formed an inverse cup and handle pattern, pointing to further downside to a record low Ethereum (ETH) has dropped for three consecutive weeks and is hovering at its lowest level since January 2020
The crypto market resumed its downward trajectory after a brief recovery on Tuesday. Bitcoin (BTC) and other cryptocurrencies crashed on Monday thanks to tariff-induced uncertainties but recovered on Tuesday.
Standard Chartered Research has unveiled a bold forecast that places XRP above Ethereum in market cap within the next five years, underscoring what it describes as a multi-year price rally for the token. The projections, shared by Geoffrey Kendrick, Standard Chartered's global head of digital assets research, map out annual target levels for XRP, Bitcoin, and Ethereum through 2029.
TL;DR Ethereum's price dropped to $1,486.05, hitting its lowest level since March 2023 after a sharp 5.19% decline in the last 24 hours. Renewed trade tensions triggered by Donald Trump's push for 104% tariffs on Chinese goods are fueling strong bearish pressure in the crypto market.
Ethereum has experienced a significant downtrend since the start of the year, causing the altcoin to fall below the $1,500 level.
Is this the calm before capitulation or the start of a smarter selloff?
The Bitcoin price continues to lead the market and with each crash, it has taken down the altcoin market with it. Amid this, Ethereum has performed especially poorly, returning to prices not seen since seven years ago.
Arbitrum DAO is at the center of a voting manipulation controversy after one user spent 5 ETH worth around $10,000 to buy 19.5 million ARB ($6.5 million) votes. Crypto analyst Ignas shared the incident on X, noting that it could have massive consequences for decentralized governance.
Hard as it might be to picture for some in the crypto mainstream, there is a growing view in segments of the industry that XRP could actually flip Ethereum in market cap before the end of this year — and it is not just speculation from retail corners.
XRP holders' lawyer is convinced that XRP is on track to flip Ethereum by the end of this year, a bold prediction he backed by some key development trends
Ethereum is one of the closely watched tokens after Bitcoin, which has plunged by over 5% since the early trading hours. The price reached the support; it bounced a few days before, which is also the 2018 high.
As long-term holders start to give up amid falling prices, Ethereum is facing one of its worst periods on the market in 2025. Significant volumes of ETH have recently been offloaded by two Ethereum whale addresses, indicating a growing lack of confidence in a short- to midterm price trajectory.
ETH has erased seven years of gains with its latest slump.
Ethereum price is under immense pressure as the coin's utility across key segments, ranging from DEXs to DeFi are all in red.
A dormant Ethereum whale, holding 10,000 ETH for over 900 days, sold its entire holdings for $15.71 million during the recent ETH price crash.
Ethereum is hovering around the $1.4K level. Over $111 million worth of ETH has been liquidated in the market.