Ethereum Whale Wipeout: $45M Loss as ETH Plunges Below $4K – Is a Bigger Drop Ahead?
Ethereum dropped below $4,000 for the first time since August, hitting $3,983 amid a broad crypto selloff. A major whale lost over $45 million after a 9,152 ETH leveraged position was liquidated, nearly emptying the account. The decline followed rising fears of a U.S. government shutdown and shifting Federal Reserve signals. Ethereum fell about 3% in one session, outpacing Bitcoin’s 1% dip.