👉👉👉 Brace yourselves for the next chapter in Asia's crypto investment saga, ignited by the flame of Bitcoin ETFs! 🔥 In the last 24 hours, the crypto market felt the heat of selling pressure, with over $900 million in liquidations sending shockwaves. #Ethereum took a hit, tumbling 8% to hover around $3,250. 📉

Whales making waves:

🐋 Prominent whales and institutions dove into the selling frenzy, with transactions totaling a whopping 31,683 ETH, valued at around $106 million! Cumberland, 0xC3f8, 0x1717, Alameda/FTX, and an unknown wallet danced the exchange shuffle, hinting at potential further sell-offs. 💸💨

Analyst Fred Krueger sounds the alarm:

🚨 Crypto guru Fred Krueger raised eyebrows, flagging concerns about Ethereum's narrative amid ongoing investigations and a Wells Notice for UniSwap. The lack of an Ethereum ETF, a shift from NFTs to ordinals, and Solana's rise as a competitor dim Ethereum's "Ultra Sound Money" glow. 🌟💔

Impact on Ethereum's price:

💥 The correction tore through major support levels, and if the selling pressure persists, Ethereum's price could plunge below $3,000. Will the bulls rally to the rescue, or are darker days ahead? Only time will tell. ⏳💼 Source - coingape.com #BinanceSquareTalks