Ethereum
Why Ethereum is down 1.7% today
Analysis
Ethereum (ETH) slipped 1.7% over the past 24 hours as sell-pressure and risk-off sentiment followed reports of major whale-driven deleveraging. U.Today highlighted a $250M liquidation event tied to a large “Hyperunit” whale account, which likely weighed on price via forced selling and broader caution.
Contributing Factors (3)
Ethereum Deleveraging: Hyperunit Whale Account Liquidated in $250 Million Event
Hyperliquid whale has ended its long bet after $250 million loss on Ethereum amid price crash.
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Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.