Ethereum Whale Activity Soars as Price Drops Amid Market Uncertainty

Ethereum’s price has recently dropped below $1,500, impacted by global economic uncertainty and the recent announcement of tariffs by the Trump administration. While this has triggered a sell-off across the crypto market, large investors known as ‘whales’ are showing strong buying activity, potentially signaling future growth despite the current dip. Analysts suggest that Ethereum may remain within a tight range until these economic conditions stabilize. 78.8 million USD worth of Ethereum has been liquidated in this bear market, with over $48 million coming from long-term holders selling and others closing positions to secure profits.