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Ethereum Whiplash: Price Plunges Below $2,500 on Whale Exodus Panic—Then Defies Gravity
Ethereum Whiplash: Price Plunges Below $2,500 on Whale Exodus Panic—Then Defies Gravity
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Ethereum traders got a masterclass in volatility today as ETH briefly cratered below $2,500 amid fears of institutional dumping—only to stage a textbook V-shaped recovery. The rebound past this psychological support level left leveraged shorts liquidated and Twitter pundits scrambling to rewrite their doomposts.
Market makers whisper about algorithmic buy walls snapping up discounted ETH, while retail investors relearn the oldest crypto lesson: whales manipulate, paper hands suffer, and the ticker doesn’t care about your feelings. Meanwhile, traditional finance analysts—still waiting for their ’blockchain, not Bitcoin’ thesis to play out—adjust their three-piece suits and mutter about irrational markets.
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