Ah, the cryptocurrency market—where logic goes to die and volatility reigns supreme. Over the past 24 hours, it’s been a rollercoaster so wild that even seasoned traders are clutching their wallets like they’re on a sinking ship. Amid this chaos, Ethereum (ETH) has become the star of the show, with everyone and their dog trying to predict where its price is headed next. Spoiler alert: no one really knows. 🤷♂️
Tariff Pause Rally: A Brief Moment of Hope, Then CPI Ruins Everything
Remember that 90-day pause on tariffs? Yeah, that caused a brief but glorious rally in the crypto world, with ETH surging over 20%. But just when everyone started popping champagne, the U.S. CPI report came along like a party pooper on April 10, 2025, and wiped out all those gains. Thanks, inflation. 🙄
ETH Price Action: The Make-or-Break Drama
According to the so-called “experts” (who are probably just guessing), ETH is looking bearish and is currently hovering near the critical $1,450 level. This is the make-or-break point, folks. If ETH can’t hold this level, it could plummet another 30% to the dreaded $1,000 mark. But if it holds? Well, it might just soar back to $1,850. It’s like watching a soap opera, but with more money at stake. 🍿
Whale Alert: $11.8 Million ETH Dump 🐋💸
In other news, an OG Ethereum whale—who had been chilling in the depths of the blockchain for three years—suddenly decided to dump 7,974 ETH worth $11.8 million. Why? Who knows. Maybe they needed a new yacht. Despite this massive sell-off, the whale still holds 30,606 ETH worth $45.7 million. So, no, they’re not exactly broke. But this move has everyone wondering if the whale knows something we don’t. 🧐
Another #Ethereum OG starts dumping $ETH after 3 years of dormancy!
He has sold 7,974 $ETH($11.8M) at $1,479 over the past 2 hours and still holds 30,606 $ETH ($45.7M).
— Lookonchain (@lookonchain) April 10, 2025
Current Price Momentum: Down, But Not Out
As of now, ETH is trading near $1,500, down 1% in the last 24 hours. But here’s the kicker: trading volume has jumped by 10%, meaning more people are jumping into the fray. Whether they’re buying the dip or selling in panic, one thing’s for sure—this market is anything but boring. 🎢
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2025-04-10 20:22