Ah! What do we have here? Ethereum, that fickle mistress, has taken a nosedive below the $4000 mark today. A mere 4.12% dip in the last 24 hours, you say? But the true tragedy lies in the swift disappearance of $22 billion from its market valuation! An absolute spectacle of financial chaos! 💸
At this very moment, dear reader, ETH is lounging around $3,998, which, mind you, is just a quaint addition to a 12% loss for the week. Its market cap, now standing at a mere $482.61 billion (according to the ever-reliable CoinMarketCap), is a shadow of its former self. How the mighty fall! 🥲
Now, here comes our tragic hero. A whale, known only by the curious tag “0xa523,” had taken a rather bold position with 9,152 ETH. But alas, the cruel hand of fate (and a plummeting price) liquidated his position faster than a summer’s day! The loss? A grand total of $45.3 million. And after the storm, what remained in his vault? A mere pittance-less than half a million dollars! How the tables have turned! 😵
ETH just dropped below $4,000!
The biggest loser, 0xa523, just got WIPED.
His entire 9,152 $ETH($36.4M) long position was fully liquidated.
His total losses now exceed $45.3M, leaving him with less than $500K in his account.
– Lookonchain (@lookonchain) September 25, 2025
As if that weren’t enough to make your head spin, the spot Ethereum ETF is also feeling the squeeze. With an outflow of $296 million this week alone, even the ETF is gasping for air. Centralized exchanges are now scraping the bottom of the barrel, holding only 14.8 million ETH-the lowest since 2026! It’s like a bank run, but with virtual coins! 🏦
Whales are aggressively buying $ETH now.
Today, 10 new wallets have bought 201K ETH worth $855 million from exchanges and OTC.
This often happens when ETH is getting closer to a bottom.
– ZYN (@Zynweb3) September 25, 2025
But not to worry, dear Ethereum enthusiasts! All is not lost-yet. Strategist Ted still dares to dream of ETH reaching $10,000 during this bull cycle, with $3,800 being a solid buying level. And, of course, Tom Lee of BitMine Technologies boldly predicts a rally to $12,000-$15,000 by the year’s end. Fingers crossed! 🤞
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2025-09-25 18:57