Ethereum big dump triggers a wave of liquidations, Whale goes against the trend to sweep 100 billion

Ethereum price has breached the key $4000 support line, and panic has spread throughout the market in an instant. In just 12 hours, the total liquidation amount across the network exceeded $330 million, with one heavily invested trader suffering a single loss of over $45 million, the severity of which is shocking.
However, just as retail investors are rushing to flee, on-chain data presents a completely different picture. In the past 72 hours, 11 mysterious wallet addresses have quietly withdrawn nearly 300,000 Ether from major exchanges and OTC platforms, with a total value approaching 1.2 billion dollars. The owners behind these addresses are clearly not ordinary players.
The most notable operation is the strategy of address 0xa52, where the account opens a short position with 25x leverage to hedge risk while simultaneously placing buy orders densely around the $3900 mark. This strategy of dual action reveals the true intent of institutional funds – they are waiting for a lower entry opportunity. The current fall is merely a carefully designed washout game for them. Short-term traders might consider shorting around $4080, targeting $3950; for patient investors, the range between $3850 and $3950 may be a good bottom-fishing opportunity. #ETH #BTC #GateLayer正式上线 #狗狗币ETF进展 #LaunchpadXPL认购开启