Ethereum Plummets Below $4,000 As Whale Trader Takes $36 Million Loss

Ethereum (CRYPTO: ETH) has dipped below the $4,000 mark, triggering massive losses for one whale trader and renewing fears about further downside.

Cryptocurrency Ticker Price Market Cap 7-Day Trend
Ethereum (CRYPTO: ETH) $3,988.08 $481.5 billion -12.9%
Bitcoin (CRYPTO: BTC) $111,359.45 $2.2 trillion  -5%  
XRP (CRYPTO: XRP) $2.82 $168.9 billion  -9.5% 

Trader Notes: Trader CrediBULL Crypto emphasizes that a 30% drop from all-time highs isn’t alarming, citing Bitcoin’s similar 20–40% corrections during the 2017 bull run.

He stresses that structural support levels matter more than the size of the drop.

The high-timeframe impulse

Full story available on Benzinga.com