Ethereum Whales in a Frenzy: The Great Panic-Sell of 2025! 🐋💸

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Well, folks, it seems we’ve stumbled upon a right peculiar sight in the wild world of Ethereum! What started as a mere tremor among the timid has morphed into a full-blown stampede for the exits, leaving our dear Ethereum (ETH) gasping for breath under a mountain of selling pressure. 🏃‍♂️💨

Just today, Ethereum took a nosedive of 5%, slipping from a lofty perch of $4,379 during the bustling Asian trading hours, while trading activity decided to take a little vacation, dropping by 11%. It appears the whales, those great leviathans of the crypto sea, have decided to abandon ship, as reported by the fine folks at CoinMarketCap. 🐳🚢

Now, according to the ever-watchful Lookonchain, these big fish moved a staggering $148 million worth of ETH to exchanges in a mere three hours. Talk about a fire sale! These hasty transfers only added fuel to the flames, dragging prices down further into the murky depths. 🔥💰

Whales are panic-selling $ETH as the market plummets!

0x1D8d deposited 17,972 $ETH ($77.4M) to #Coinbase an hour ago.

0x5A8E deposited 13,521 $ETH ($57.72M) to #Binance in the past 12 minutes.

0x3684 deposited 3,003 $ETH ($12.89M) to #Binance 20 minutes ago.…

– Lookonchain (@lookonchain) August 19, 2025

But wait, there’s more! Data from Coinglass reveals that investors in the traditional markets are also packing their bags. On Monday, Ethereum ETFs saw a staggering $196.6 million in net outflows, marking the second-largest daily loss ever recorded for these fancy financial contraptions. 📉💔

And let’s not forget last Friday, when Ethereum ETFs had already recorded a tidy sum of $59 million in outflows, bringing the two-day total to a jaw-dropping $256 million. This shift from accumulation to a hasty retreat is often a sign that conviction is as weak as a kitten in a thunderstorm. 🐱⚡

ETH Builds News Key Support Level

As it stands, Ethereum is meandering through a descending channel, heading toward a crucial support zone at $4,150. With most of the daily candles looking as red as a fire truck in the last week, ETH is putting those supports to the test. 🔴🔥

The Relative Strength Index (RSI) is now hovering near 35, suggesting that sellers might be running out of steam. Meanwhile, the MACD indicator is showing weak selling pressure after a recent “death cross.” Sounds ominous, doesn’t it? ☠️📊

The $4,150 level is now a delicate zone, like a tightrope walker at a circus. If the market decides to show some respect, we might just see a bounce back to $4,787, which would be a delightful 17% gain from the current level. But for now, it seems there’s no reason for recovery, and the bears are having a field day! 🐻🎉

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2025-08-19 23:19