{"id":38103,"date":"2025-07-22T10:16:48","date_gmt":"2025-07-22T10:16:48","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=38103"},"modified":"2025-07-22T10:16:48","modified_gmt":"2025-07-22T10:16:48","slug":"ethereum-eth-slips-as-whales-hunt-overleveraged-longs-below-3-7k","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=38103","title":{"rendered":"Ethereum (ETH) Slips as Whales Hunt Overleveraged Longs Below $3.7K"},"content":{"rendered":"<div>\n<p><b>TL;DR<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Ethereum falls near $3,600, risking liquidation of high-leverage long positions held by traders.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">BlackRock\u2019s ETF adds $100M in ETH, while Devnet-3 launches shortly after the Fusaka upgrade.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Analysts see $4,000 as the final hurdle before Ethereum targets $13K to $17K levels.<\/span><\/li>\n<\/ul>\n<h2><b>ETH Drops Back After Strong Weekly Rally<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Ethereum (ETH) fell below $3,700 after hitting a recent peak of $3,850. The price traded at around $3,650 at press time.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">ETH trading volume remains high, with over $53 billion in activity in the past 24 hours. The daily price dropped about 2%. Despite the pullback, ETH is still up nearly 24% in the last seven days.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Consequently, crypto traders are paying attention to leveraged positions around the $3,600 to $3,700 range. Analyst CW shared that ETH is now in an area with heavy long positions. To trigger liquidations, the price would need to fall closer to $3,600.<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$ETH<\/a> is falling and has reached a high leverage long position accumulation area.<\/p>\n<p>However, in order to liquidate the high leverage long position, it needs to fall to $3600.<\/p>\n<p>Whales will not easily allow retail investors to have high leverage positions. <a href=\"https:\/\/t.co\/tUeOx7e1fT\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/tUeOx7e1fT<\/a><\/p>\n<p>\u2014 CW (@CW8900) <a href=\"https:\/\/twitter.com\/CW8900\/status\/1947520497471918201?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">July 22, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Lookonchain <\/span><a href=\"https:\/\/x.com\/lookonchain\/status\/1947519488028774805\" data-wpel-link=\"external\" target=\"_blank\"><span style=\"font-weight: 400;\">shared<\/span><\/a><span style=\"font-weight: 400;\"> that trader AguilaTrades, who recently switched from short to long, is down nearly $3 million. The liquidation level on this position is $3,654.77. With the price hovering just above that, further losses could push it into liquidation and add to selling pressure.<\/span><\/p>\n<h2><b>BlackRock and Developer Activity<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Large buyers continue to add ETH. BlackRock\u2019s ETF recently <a href=\"https:\/\/x.com\/WhaleInsider\/status\/1947525487246643364\" data-wpel-link=\"external\" target=\"_blank\">added<\/a> <\/span><span style=\"font-weight: 400;\">more than 27,000 ETH, worth about $100 million. Ethereum also led digital asset <\/span><a href=\"https:\/\/cryptopotato.com\/ethereum-shatters-inflow-records-pulls-in-2-12-billion-in-a-week\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">inflows<\/span><\/a><span style=\"font-weight: 400;\"> last week with $2.12 billion, setting a new record.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As <\/span><a href=\"https:\/\/cryptopotato.com\/ethereums-fusaka-upgrade-set-to-go-live-in-november-glamsterdam-to-follow\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">reported<\/span><\/a><span style=\"font-weight: 400;\"> by <em>CryptoPotato<\/em>, the Ethereum team is preparing for the Fusaka upgrade, which is expected to go live in early November. This upgrade aims to improve the network\u2019s speed and efficiency.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, two days after Fusaka\u2019s mainnet launch, a new testnet called Devnet-3 is scheduled to go live. Meanwhile, developers are already working on the next upgrade phase, known as Glamsterdam.<\/span><\/p>\n<h2><b>$4,000 Level Seen as Key Barrier<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Ethereum is once again nearing the $4,000 level. This price was the peak during the 2021 cycle. <\/span><a href=\"https:\/\/x.com\/AkaBull_\/status\/1947272179856351450\" data-wpel-link=\"external\" target=\"_blank\"><span style=\"font-weight: 400;\">According<\/span><\/a><span style=\"font-weight: 400;\"> to analyst BitBull, this zone is likely to act as the final barrier before a breakout.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Past cycles show that Ethereum tends to move fast after clearing major resistance. Projections show a possible target range between $13,000 and $17,000 if the pattern repeats.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/ethereum-eth-slips-as-whales-hunt-overleveraged-longs-below-3-7k\/\" rel=\"nofollow\">Ethereum (ETH) Slips as Whales Hunt Overleveraged Longs Below $3.7K<\/a> appeared first on <a href=\"https:\/\/wordpress-433650-5559317.cloudwaysapps.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Ethereum falls near $3,600, risking liquidation of high-leverage long positions held by traders. BlackRock\u2019s ETF adds $100M in ETH, while Devnet-3 launches shortly after the Fusaka upgrade. Analysts see $4,000 as the final hurdle before Ethereum targets $13K to $17K levels. ETH Drops Back After Strong Weekly Rally Ethereum (ETH) fell below $3,700 after [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-38103","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/38103","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38103"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/38103\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}