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Ethereum (ETH) crashed on selling and liquidation pressure, but whales are still buying the dip
Ethereum (ETH) crashed on selling and liquidation pressure, but whales are still buying the dip

Share link:In this post: Whales panic-sold ETH, in addition to the series of liquidations. One whale on Maker added collateral to push the liquidation price down to $912.02. The Seven Siblings whale started buying again at around $1,700, signaling the local low may be near.

Cryptopolitan·2025/04/07 11:33
The 50X Hyperliquid whale is back with new leveraged long on Ethereum (ETH)
The 50X Hyperliquid whale is back with new leveraged long on Ethereum (ETH)

Share link:In this post: The popular Hyperliquid whale is active again with a new 20X leveraged long on Ethereum. The position started at $1,459, suggesting ETH may bounce without reaching the liquidation price. Hyperliquid remains relatively stable, despite recent ETH position liquidations and the JELLY token price manipulation.

Cryptopolitan·2025/04/07 11:33
Black Monday 2.0? 5 things to know in Bitcoin this week
Black Monday 2.0? 5 things to know in Bitcoin this week

Bitcoin battles everything from a "death cross" to record low sentiment as US trade tariffs wreak havoc across global markets — will 2021 prices return?

Cointelegraph·2025/04/07 09:27
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  • 10:55
    BSC Foundation Address Purchases $25,000 of SIREN Again
    According to on-chain analyst Ai Yi's monitoring, the BSC Foundation address has once again purchased $25,000 worth of SIREN at an average price of $0.1544. Currently, the top 5 tokens held by the BSC Foundation are SKYAI: $188,000, TST: $46,000, MUBARAK: $42,000, BROCCOLI(714): $29,000, AIOT / CGPT: $25,000.
  • 10:55
    Bernstein: Three Factors Driving ETH Surge are Stablecoin and Tokenization Boom, Layer 2 Institutionalization, and ETH Short Covering
    According to The Block, Ethereum has generally underperformed in this cycle, but its price has suddenly surged by 65% in the past 30 days, nearly doubling since its low in April. Bernstein analysts outlined three factors behind this rise: the stablecoin and tokenization boom, Layer 2 institutionalization, and ETH short covering. Analysts stated that this cycle is expanding beyond the store of value use case, refocusing on the underlying blockchain, with Ethereum representing 51% of the total stablecoin supply, becoming a key platform representative of this growth trend. Traditional financial giants like BlackRock and Franklin Templeton are also advancing the adoption of the real-world asset tokenization market, which is currently valued at over $22 billion, with Ethereum once again dominating. Additionally, Ethereum Layer 2 is playing an increasingly important role in institutional crypto infrastructure. The third driver of ETH's recent strong performance is more tactical. Over the past 12 to 18 months, crypto hedge funds have often used ETH as a delta-neutral hedging tool—going long on BTC and SOL while shorting ETH. However, they state that as the market narrative shifts towards institutional adoption of blockchain and stablecoin payments, and uses beyond its store of value function, the rationale for ETH's underperformance is becoming increasingly difficult to justify.
  • 10:55
    ETH Surpasses $2600
    Market data shows that ETH has surpassed $2600, currently reported at $2600.7, with a 24-hour increase of 4.91%. The market is quite volatile, so please ensure proper risk management.
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