{"id":4487,"date":"2024-12-19T16:46:33","date_gmt":"2024-12-19T16:46:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4487"},"modified":"2024-12-19T16:46:33","modified_gmt":"2024-12-19T16:46:33","slug":"ethereum-price-plummets-5-why-is-eth-going-down","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4487","title":{"rendered":"Ethereum Price Plummets 5%: Why Is ETH Going Down?"},"content":{"rendered":"
\n

Ethereum’s<\/strong> (CRYPTO: ETH<\/a>) 5% drop on Thursday has sparked speculation among traders about its ability to recover and close above the critical $3,700 mark by year-end<\/a>.<\/p>\n

What Happened:<\/strong> Lookonchain data<\/a> highlights a skilled whale, possibly associated with LonglingCapital, who purchased 6,000 ETH during a price dip. Known for impeccable timing, the whale has amassed $83 million in profits.<\/p>\n

Since May 8, 2023, the whale has acquired 75,400 ETH (worth $180.4 million at an average of $2,392) and sold 50,800 ETH (worth $172.8 million at an average of $3,401).<\/p>\n

<\/p>\n\n\n\n\n\n\n
Cryptocurrency<\/strong><\/td>\nPrice\u00a0\u00a0\u00a0<\/strong><\/td>\nMarket Cap<\/strong><\/td>\n24-Hour Trend<\/strong><\/td>\n7-Day Trend<\/strong><\/td>\n<\/tr>\n
Ethereum<\/strong> (CRYPTO: ETH<\/a>)<\/td>\n\u00a0$3,612.85<\/td>\n$435.1 billion<\/td>\n\u00a0-6.7%<\/td>\n-8.9%\u00a0<\/td>\n<\/tr>\n
Bitcoin<\/strong> (CRYPTO: BTC<\/a>)<\/td>\n\u00a0$100,537.58<\/td>\n$1.98 trillion<\/td>\n-3.7%\u00a0<\/td>\n-1.3%\u00a0<\/td>\n<\/tr>\n
XRP<\/strong> (CRYPTO: XRP<\/a>)<\/td>\n\u00a0$2.32<\/td>\n$132.7 billion<\/td>\n\u00a0-6.1%<\/td>\n\u00a0-4.1%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

Trader Notes: <\/strong>Trader MaxBecauseBTC, in a recent post<\/a> on X, outlined two scenarios …<\/p>\n

Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Ethereum’s (CRYPTO: ETH) 5% drop on Thursday has sparked speculation among traders about its ability to recover and close above the critical $3,700 mark by year-end. What Happened: Lookonchain data highlights a skilled whale, possibly associated with LonglingCapital, who purchased 6,000 ETH during a price dip. Known for impeccable timing, the whale has amassed $83 […]<\/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-4487","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\/4487","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=4487"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4487\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}