Is Ethereum Price About to Crash Below $3,000?
The post Is Ethereum Price About to Crash Below $3,000? appeared on BitcoinEthereumNews.com.
Ethereum price has dropped, falling over 10% in the past week as bearish sentiment continues. The asset recently failed to hold the $3,200 support level, prompting another downward move. Meanwhile, the overall crypto market witnessed a decrease of 0.5% during the past day. This drop in prices brought the total weekly loss to 8.1%, mainly driven by the withdrawal of institutions’ investments and the fear that had grown. Bitcoin also went through a significant correction, dropping to less than $100,000 and being around $95,000. Arthur Hayes’ Crypto Sell-Off Sparks Market Concerns Arthur Hayes has reportedly sold large amounts of crypto this week, drawing fresh attention from market watchers. On-chain monitors have reported that he sold off roughly 1,480 ETH in the last two days. The transaction was worth $4.7 million and took place amid a weak market. The last time he sold Ethereum was on August 1, which coincided with a market bottom. He later bought back ETH at a higher price nine days later. This pattern has sparked a debate on his recent moves again. Different reports said that he is also selling off a few altcoins. According to the data, over $8 million worth of tokens were shifted to exchanges. This includes not just Ethereum but also some small-cap assets. The event has stirred up speculation in the crypto community. While some traders are of the opinion that he is getting ready for a more extensive downturn. 🚨 BREAKING ARTHUR HAYES IS DUMPING EVERY SINGLE ALTCOIN HE HOLDS OVER $8 MILLION CASHED OUT INCLUDING $ETH SOLD FOR $5 MILLION WHAT IS GOING ON?? pic.twitter.com/oQUsjxeYFk — Wimar.X (@DefiWimar) November 17, 2025 Ethereum ETFs Face Heavy Weekly Investor Outflows The latest Ethereum ETF data shows a sharp weekly downturn as investors withdrew $728.3 million from several major products. The…
Filed under: News - @ November 17, 2025 12:28 pm