Thursday, October 23, 2025
Catatonic Times
No Result
View All Result
  • Home
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Blockchain
  • NFT
  • Regulations
  • Analysis
  • Web3
  • More
    • Metaverse
    • Crypto Exchanges
    • DeFi
    • Scam Alert
  • Home
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Blockchain
  • NFT
  • Regulations
  • Analysis
  • Web3
  • More
    • Metaverse
    • Crypto Exchanges
    • DeFi
    • Scam Alert
No Result
View All Result
Catatonic Times
No Result
View All Result

Whales Are Manipulating ETH Price

by Catatonic Times
February 5, 2025
in Ethereum
Reading Time: 3 mins read
0 0
A A
0
Home Ethereum
Share on FacebookShare on Twitter


Este artículo también está disponible en español.

Main fluctuations within the Ethereum (ETH) market yesterday triggered a wave of reactions throughout social media, with one Ethereum co-founder claiming that sure massive holders—or “whales”—have been intentionally pushing the asset’s worth downward.

The exercise reached a fever pitch on Monday, February 4, when the ETH worth swung from round $2,900 to as little as $2,120 earlier than bouncing again sharply. Regardless of the intraday plunge, Ether in the end closed the day sporting a 26% inexperienced wick—an unusual worth rebound in such a brief window.

Ethereum Worth Manipulated By Whales?

Analysts attributed the dramatic motion to exterior macroeconomic forces, most notably the US commerce conflict beneath President Donald Trump. After imposing tariffs on Mexico and Canada early within the day, the president later struck an association that spurred a fast restoration throughout international markets, together with cryptocurrency.

Associated Studying

The turbulence led one observer, recognized merely as “intern” (@intern), the director of development at Monad, to submit a stark sentiment on X: “ETH is dying proper in entrance of us. truthfully by no means thought this might occur.”

In response, Ethereum co-founder and ConsenSys CEO Joseph Lubin supplied a composed outlook, underscoring that all these worth swings usually are not uncommon for the digital asset: “It occurs repeatedly. Then it surges. What we’re seeing is whales making the most of financial turmoil and unfavorable sentiment to shake out weak arms, run stops, after which purchase again after they can run that very same playbook in reverse.”

Lubin’s assertion presents a cyclical understanding of crypto volatility, implying that bigger gamers capitalize on market anxiousness—usually exacerbated by macro developments—to stress much less resilient traders into promoting.

A number of distinguished crypto merchants additionally commented on the occasions, particularly on accusations of whale-led manipulation.

One well-known determine, Hsaka (@HsakaTrades), suggested newcomers to not assume ETH’s decline was pushed purely by natural market sentiment: “Expensive noobs, Ethereum is NOT naturally taking place. It’s being pushed down through whales inserting spoofy promote orders on exchanges to make noobs and danger managers promote to ‘purchase again decrease’. They’re stealing your luggage and can make you purchase again at a better worth.”

Associated Studying

The notion of a concerted “spoofing” technique—the place massive promote orders are positioned after which canceled or solely partially stuffed—has lengthy circulated inside crypto communities. The tactic reportedly goals to set off panic sells, thereby letting so-called whales accumulate positions at extra favorable worth ranges.

Outstanding dealer Pentoshi (@Pentosh1) supplied a quick however pointed response, highlighting how ETH has underperformed relative to Bitcoin (BTC) over the previous three years: “3 yr shake out up to now. Hope you’re proper.”The query of why whales would single out Ether particularly was raised by group member EVMaverick392.eth (@EVMaverick392): “Perhaps I’ll sound naive, however why do whales carry out this maneuver completely on ether?”

Lubin responded by drawing a parallel to traditional financial institution robberies and suggesting that the latest wave of unease surrounding the Ethereum ecosystem has made the asset a first-rate goal: “Why do financial institution robbers rob banks— or used to? The (unjustified) FUD towards the Ethereum ecosystem is presently most pronounced.”

At press time, ETH traded at $2,704.

Ethereum worth, 1-week chart | Supply: ETHUSDT on Tradingview.com

Featured picture created with DALL.E, chart from TradingView.com



Source link

Tags: ETHManipulatingpriceWhales
Previous Post

US Puts Tariffs on Hold, Crypto Markets Bounce Back

Next Post

A French REIT with a 5.5% Dividend Yield and Future Growth Potential

Related Posts

Ethereum Founder Sparks Market Shock After Massive ETH Sell-Off – Here’s How Much
Ethereum

Ethereum Founder Sparks Market Shock After Massive ETH Sell-Off – Here’s How Much

October 22, 2025
Retail rails could push M a day on-chain
Ethereum

Retail rails could push $2M a day on-chain

October 22, 2025
Ethereum Could Unwind To ,850
Ethereum

Ethereum Could Unwind To $2,850

October 22, 2025
Is The Bitcoin Supercycle Still In Play? Wave 3 Tells A Story Of A Surge
Ethereum

Is The Bitcoin Supercycle Still In Play? Wave 3 Tells A Story Of A Surge

October 21, 2025
Fusaka Update – Transaction Gas Limit Cap arrives with EIP-7825
Ethereum

Fusaka Update – Transaction Gas Limit Cap arrives with EIP-7825

October 21, 2025
AWS failure exposes crypto’s centralized weak point
Ethereum

AWS failure exposes crypto’s centralized weak point

October 21, 2025
Next Post
A French REIT with a 5.5% Dividend Yield and Future Growth Potential

A French REIT with a 5.5% Dividend Yield and Future Growth Potential

ADA Bullish Momentum Fades As Bears Reclaim Control At alt=

ADA Bullish Momentum Fades As Bears Reclaim Control At $0.8119

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Catatonic Times

Stay ahead in the cryptocurrency world with Catatonic Times. Get real-time updates, expert analyses, and in-depth blockchain news tailored for investors, enthusiasts, and innovators.

Categories

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

Latest Updates

  • Diddy Strikes Back — Files Appeal as SBF’s Ex-Cellmate Joins Legal Rebellion
  • XRP Bounce In Sight? Bulls Hold $2.38 Support As Breakout Pressure Builds
  • Technical Analysis Suggests XRP’s Playbook From 2017 Could Repeat In 2025
  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2024 Catatonic Times.
Catatonic Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Blockchain
  • NFT
  • Regulations
  • Analysis
  • Web3
  • More
    • Metaverse
    • Crypto Exchanges
    • DeFi
    • Scam Alert

Copyright © 2024 Catatonic Times.
Catatonic Times is not responsible for the content of external sites.