2025-12-28 06:20:45

ETH has indeed been quite volatile these past couple of days. Last night, a whale directly sold 5,000 ETH within an hour, which is roughly 14.6 million USD in RMB. Even more crazy is that this guy has sold a total of 35,600 ETH over the past 11 days, cashing out over 100 million USD. His account still holds 15,000 ETH, equivalent to 43.88 million USD in chips. If another round happens, the market will have no choice but to absorb the impact.

From a technical perspective, the situation is indeed not very optimistic. A bearish death triangle pattern has already appeared on the 1-hour chart, with the price repeatedly struggling around $2,926. The MACD indicator is weak below the zero line, with no signs of bullish momentum. The $3,000 level, which was originally a resistance, has now become a difficult barrier to break through. The support level below is at $2,880. Once this is broken, the market may plunge into panic, heading straight for the $2,720 target.

How to respond? It really depends on your position. For those holding heavy positions, consider reducing your holdings decisively when the rebound occurs around $2,950-$2,980—don't expect to outpace big players. For light positions, stick to the $2,880 support line; don't move before it breaks. If the price approaches $2,720, consider gradually adding to your position. If you're currently in a no-position state, it's best to stay on the sidelines and not rush into the market.

ETH0,84%

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SmartMoneyWallet

· 10h ago

This whale is really ruthless, still holding 15,000 coins, probably planning to dump more? --- If the 2880 level breaks, retail investors will cry, and it will be straight to 2720. --- After such a long consolidation, energy is fully accumulated. The end of December liquidity shortage is an iron law; no one can escape it. --- For those heavily invested, stop resisting. When it rebounds to 2950, it's time to reduce. Don't expect big players to show mercy. --- Why is this death triangle so damn frustrating? The MACD is still lying below, and the bulls are really out of the game. --- It's right to be out of the market now. Trying to buy in hastily is just giving away money. Watching the show is the most comfortable. --- Only 35,600 coins were sold for just 10 million dollars? This liquidity is really garbage; either big players are doing wash trades or he's crazy.

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ThatsNotARugPull

· 10h ago

The whale is dumping again, and this time it's really intense. Still need to hold at 2880 without moving; if it breaks, I have to run.

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MEV_Whisperer

· 10h ago

Another whale dumps, and this time it's really ruthless—over 100 million USD dumped. My small position is like a mosquito bite 😅 If we can't hold 2880, let's wait for 2720. Anyway, liquidity was already tight by the end of December, so I was mentally prepared.

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MerkleMaid

· 10h ago

Big Whale is dumping again, and this time it's really ruthless. Hold at 2880 and don't move, wait until 2720 to decide. Heavy investors need to reduce their positions; they can't outrun the big players. Liquidity issues in December are indeed a trap, and it's been like this every year. Sell when it rebounds to 2950, don't be greedy. The sideways accumulation has built up too much energy; it will be released sooner or later. Those with no positions should just watch the show, don't rush to catch the falling knife.

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Rekt_Recovery

· 10h ago

ngl that whale dump is giving me PTSD flashbacks from my leverage days... seen this movie before and it never ends well for the retail crowd lmao. position sizing is literally the only thing that kept me from complete liquidation back then, just saying.

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airdrop_whisperer

· 10h ago

This wave of whale dumping is truly crazy, throwing out as much as one billion dollars, and we retail investors can only watch helplessly. Speaking of the death triangle, it has appeared. If 2880 breaks, we really need to be cautious. I think I’ll stay on the sidelines for now and observe, rather than foolishly catching the falling knife. Liquidity in December was already poor, and this sideways movement feels like energy is indeed accumulating. Let it drop if it will. Looking at this pattern, I think around 2720 is the real entry point. Even if I get itchy now, I have to hold back. That whale account still has over 40 million USD in chips, which is the most terrifying part. If he makes another move, we’re really done.

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ForkTongue

· 11h ago

Once again, it's this whale daddy dumping the market. Truly incredible, one hundred million dollars just dumped like that. The big players still hold over 40 million chips. Our retail investors are really just giving away money. Breaking 2880 will directly head to 2720. Just hearing that gives me the chills. Maybe we should wait and see first. With this kind of performance by the end of December, once liquidity dries up, it's game over. We're used to it. Brothers with heavy positions might have to cut losses this time. Let's be decisive and reduce positions on the rebound. Being fully out of the market is the smartest move. Just watch the show and let the bullets fly for a while. I might take a small profit on the rebound at 2950. I really don't dare to go all-in on this round. Honestly, I'm a bit scared of this trend. Let's wait until 2720 before considering entering the market.

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