Ethereum's (ETH) price decline extended to 10% following reports of a joint military strike by the U.S. and Israel against Iran, intensifying global market volatility. The flash crash resulted in billions of dollars being wiped from Ethereum's market capitalization within a single day. While prominent whales like 'Machi Big Brother' faced massive forced liquidations, a counter-trend has emerged among large-scale investors. Several 'whales' have reportedly begun accumulating the asset, actively buying the dip despite the prevailing geopolitical risks. This divergence highlights a split in market sentiment between panic selling driven by Middle East tensions and strategic long-term accumulation. Traders are now closely watching whether this whale activity can provide a price floor as the macroeconomic landscape remains highly uncertain.
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